Pre-foreclosure is the most crucial time in the foreclosure process. During the Pre-foreclosure period is the time that you as an investor stand to make the most profits and are able to negotiate a favorable deal for the current owner and the bank.
Buying a property in pre-foreclosure involves approaching the borrower or owner and offering to buy the property outright. This method typically allows the current borrower or owner the opportunity to walk away with something to show for any equity in the property and avoid a bad mark on his or her credit history. The buyer or you also have the time necessary to research the title and condition of the property and you can realize discounts of up to 50 percent below market value.
Want to know more about foreclosures? Check out the links we have provided below for your convenience.
Additionally, we can email updates when new foreclosures listings are published! We will notify you of all new foreclosures in your desired area or all of Santa Cruz County as soon as they hit the market and keep you posted if the listing price changes on any of your favorite marked listings. With each account you gain access to additional information on neighborhoods & schools, detailed property information, virtual pictures, and much, much more!
The best part is that it is all FREE! Sign Up for an account and start looking for a great deal. We are here to assist you in any way we can. Feel free to contact us with questions you may have.