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HomeLight
AUGUST 31, 2021
A foreclosed home is a property that has been seized by the bank after the homeowner failed to make their mortgage payments. A home goes through several steps before the bank physically takes over the house and sells the property. Your real estate agent should be able to search for homes in pre-foreclosure. Bank-owned/REO sale.
Marco Santarelli
DECEMBER 22, 2020
Real estate or mortgage note investing is owning real estate without property management or without becoming a landlord where the homeowner pays the investor instead of the bank. One of the major differences between real estate mortgage notes is the loan terms. Fixed-Rate Mortgage Loans. You get the money to buy the property.
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