Let’s explain what is Pre-foreclosure before we show you how to find homes in pre-foreclosure. Pre-foreclosure homes, as the name implies, are properties that are still in the early stages of the foreclosure process. When a lender files a Notice of Default, a home enters pre-foreclosure. When this occurs, the property owner has two options: […]
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Whether you’ve received a pre-foreclosure notice from your lender or come across a pre-foreclosure home for sale, you may be wondering, What is pre-foreclosure, how do pre-foreclosures work and how does it affect you as a homeowner or a homebuyer? What does “pre-foreclosure” mean? Pre-foreclosure refers to a property that is in the early
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