Distressed Properties
Distressed properties are a type of property that is facing either foreclosure or repossession due to the previous owner's default on their mortgage loan. When a homeowner defaults, the lender will often pursue a foreclosure or a repossession of the homeowner's property. The lender will then sell the property at auction in order to regain the amount lost on the delinquent loan. Buying distressed property at auction can be a great way for potential homebuyers and investors to save a great deal of money on real estate, since many distressed properties sell for far less at foreclosure auctions than they would on the real estate market. Buying below market price leaves lots of room not only for savings, but for potential future profits as well!
And Foreclosure1.com makes finding great distressed properties easier than ever before! We maintain a database of over 500,000 distressed properties currently available around the country. With out Foreclosure Express service, finding distressed properties in the areas you want is a breeze! Simply fill out a form stating what cities, counties or states you want listings from and we'll deliver them directly to you! We also provide 24-hour customer support to answer your questions and give advice, as well as satellite photos of the properties we list! No other service provides its members with as much as Foreclosure1.com.
Whether you're looking for a new family home, a vacation getaway or a valuable investment property, Foreclosure1.com can help you find it for a great price. Sign up for our seven-day trial and start searching our listings of great distressed properties today!
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