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Foreclosure Info and Listings - What is a Foreclosure?

Explanation of what a foreclosure is and how to purchase foreclosed property.

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Foreclosure Info and Listings - What is a Foreclosure? | bankownsit.com Reviews
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Explanation of what a foreclosure is and how to purchase foreclosed property.
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Foreclosure Info and Listings - What is a Foreclosure? | bankownsit.com Reviews

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Explanation of what a foreclosure is and how to purchase foreclosed property.

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1

Sheriff Sale Information - Foreclosure Info and Listings

http://www.bankownsit.com/sheriff-sale.html

What is a foreclosure? A writ of execution. Also known as an execution. Generally, execution is unnecessary for defendants who pay verdicts against themselves voluntarily. However, some defendants ignore judgments against them, and thereby force plaintiffs to employ writs of execution to actually enforce judgments.

2

Real Estate investing Information. - Foreclosure Info and Listings

http://www.bankownsit.com/wholesaling.html

What is a foreclosure? Wholesalers typically make smaller profits but buy and sell properties in large quantities. They may buy 50 homes at a time from a bank and then sell them for a small markup to move them quickly and do it again. A more common wholesale approach among creative real estate investors is to secure properties with no money down and do a "quick flip". Typically, the property or owner must be distressed in some way for the deal to make sense. A wholesaler lives off of the idea that price ...

3

Mortgage Loan Types - Foreclosure Info and Listings

http://www.bankownsit.com/mortgage-loan-types.html

What is a foreclosure? There are many types of mortgages used worldwide, but several factors broadly define the characteristics of the mortgage. All of these may be subject to local regulation and legal requirements. Interest: Interest may be fixed for the life of the loan or variable, and change at certain pre-defined periods; the interest rate can also, of course, be higher or lower. In a fixed rate mortgage, the interest rate, and hence periodic payment, remains fixed for the life (or term) of the loa...

4

Basic Concepts - Foreclosure Info and Listings

http://www.bankownsit.com/basic-concepts.html

What is a foreclosure? According to Anglo-American property law, a mortgage occurs when an owner (usually of a fee simple interest in realty) pledges his or her interest (right to the property) as securityor collateral for a loan. Therefore, a mortgage is an encumbrance (limitation) on the right to the property just as an easement would be, but because most mortgages occur as a condition for new loan money, the word. Mortgage: the security interest of the lender in the property, which may entail restrict...

5

Real Estate investing Information. - Foreclosure Info and Listings

http://www.bankownsit.com/funding.html

What is a foreclosure? Sources of investment capital and leverage. Some real estate investment organizations, such as real estate investment trusts (REITs) and some pension funds and Hedge funds, have large enough capital reserves and investment strategies to allow 100% equity in the properties that they purchase. This minimizes the risk which comes from leverage, but also limits potential ROI.

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