22+ How To Buy A Foreclosed Home Background. Search by city or zip · browse homes near you · all credit considered Buy foreclosure homes at huge 50% savings.
1 from The lender can either take ownership of the property or, most likely, sell the property to pay off the debt. Buying with cash is the surest way to secure a property, but that’s not an option for most homebuyers. Foreclosures are most common due to job loss, serious medical conditions that prevent ongoing employment, serious maintenance issues with the home that a homeowner can't afford to fix, divorce, or other drivers of consumer, educational, or medical debt.
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