What Happens If Your Home Is Foreclosed in Michigan?

Answer In the state of Michigan, which has been hard hit by foreclosures, especially in urban areas like Detroit, foreclosures usually occur through a notice process, referred to as a nonjudicial foreclos... Read More »

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How to Purchase a Foreclosed Home With a VA Home Loan?

VA loans are made by banks and other mortgage companies approved to be VA lenders, and guaranteed by the Veteran's Administration (VA). Eligible veterans of the United States armed services are abl... Read More »

What happens when a home gets foreclosed on?

It will depend in your state. Some are Judicial foreclosure others Non-Judicial foreclosure system.You may want to understand the Foreclosure Process of your state. Look at http://www.foreclosurela... Read More »

What is a foreclosed home?

A foreclosed home is one which a bank or credit agency has repossessed from the equity holder due to the continued failure to make payment upon a mortgage. Once repossessed, the foreclosed home is ... Read More »

How to Buy a Foreclosed Home at Auction?

If you’re interested in buying a foreclosure, you’re probably aware that foreclosure auctions are the most common type of foreclosure sale. At this stage in the foreclosure process, the homeown... Read More »