Frequently Asked Questions

A Brief Summary: How Can Foreclosure1.Com Help You?

• Advantages of subscribing to Foreclosure1.com

Using Our Web Site

• How Can I Start?

General Questions & Information

• Types of foreclosure homes our database contains
• What information is provided for each property?
• Am I obligated to sign up for an entire year?
• How can a membership be canceled?

Specific Questions Regarding Foreclosures:

• What is a foreclosure home?
• What profits are there from buying foreclosure homes?
• How can I begin investing in foreclosure homes?
• What are the stages of foreclosure homes?
• How do lenders foreclose on property owners?
• Are real estate brokers necessary when purchasing foreclosure homes?

Types and Stages of Foreclosure homes:

1. Pre-Foreclosure Properties

• What is pre-foreclosure?
• How can I find pre-foreclosure homes?
• How can I buy pre-foreclosure homes?
• How much money is needed to purchase a pre-foreclosure home?
• What should I be aware of when buying pre-foreclosure homes?

2. Auction Properties

• What is an auction?
• How can I locate an auction?
• How much money is needed to buy foreclosure homes in auctions?
• What are advantages are there when buying foreclosure homes at auctions?
• What should I be aware of when buying foreclosure homes at auctions?

3. Real Estate Owned (REO) Properties

• What is a REO?
• How do I find REOs?
• How can I purchase REOs?
• How much money do I need to purchase REO homes?
• What should I be aware of when buying REO homes?

Fannie Mae Repossessions

• What are Fannie Mae foreclosure homes?
• How can I locate Fannie Mae foreclosure homes?
• How can I buy Fannie Mae foreclosure homes?
• How much money do I need to purchase Fannie Mae foreclosure homes?
• When purchasing Fannie Mae foreclosure homes, what should I be aware of?

HUD Repossessions

• What are HUD foreclosure homes?
• How can I locate HUD foreclosure homes?
• How can I purchase HUD foreclosure homes?
• How much money is needed to buy HUD foreclosure homes?

VA Repossessions

• What are Veterans Affairs?
• Where do I locate foreclosure homes from Veterans Affairs?
• How do I purchase foreclosure homes from Veterans Affairs?
• How much money is needed to buy foreclosure homes from Veterans Affairs?
• What should I be aware of when buying foreclosure homes from Veterans Affairs?