Remember that not all homes that are in the foreclosure process end up being foreclosed on. Many homeowners arrange workout programs with their banks and thus remain in their homes.
When banks foreclose on a home, they will typically list it for sale with a Realtor, who will end up being responsible for taking care of the property as well as marketing it to potential buyers.
Paul W, Drury
Broker / Consultant
Keller Williams Realty
Greater Cleveland West