BEST PRICED HOMES AVAILABLE!
What’s a foreclosure, short sale, REO and probate sale?
A foreclosure sale, is a sale where the existing home owner is in arrears with their home loan so the bank is now selling their home to cover the loss. A short sale is the same but the home is being sold for less than what the existing home owner owes on their mortgage. A probate sale is when the owner passes away and the home is now being sold by the court. A REO is a bank owned home that has already been foreclosed on.
Each of these are great opportunities to purchase a home at a discount and receive instant equity when you purchase!