Pre foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank. The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doesn’t attempt to rectify the situation.
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New real estate investors get crowded with intimidating things they do not understand about the business. They are scared of messing things up.
As a smart real estate investor, you
A pointer to these articles was sent to me, and I wanted to share them..
http://www.corelogic.com/about-us/news/corelogic-third-quarter-2011-negative-equity-data-shows-slight-decline-but-remains-elevated.aspx
http://www.calculatedriskblog.com/2011/11/corelogic-107-million-us-properties.html
