Foreclosure in South Side : Real Estate Advice

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Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
If a home goes into foreclosure is it possible that it might return back to the market?
Sure. Absolutely. That's what usually happens.

As Scott notes, it could be sold at auction (in which case "the market" is the auction). However, more often, the bank takes the house. ... more
1 vote Share Flag Tue Jun 12, 2012 Foreclosure in South Side
Zoey, Other/Just Looking in Texas
Zoey answered:
Can you please explain what is a short sale? Also sellers owe money to two banks and a surprise lien.
A short sale is what my husband and I did on a home about 4 years ago. You will get the home cheaper that what the owner owes on the home it affects you none at all. Only the seller. Ou ... more
1 vote Share Flag Thu Oct 15, 2009 Foreclosure in South Side
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