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FAQ Pre-foreclosure property

Can I invest in pre-foreclosure properties?

Yes, investing in pre-foreclosure properties for short sales can be a strategy to acquire distressed properties at a potentially lower price with the help of cash home buyers.

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FAQ Pre-foreclosure property

What is a short sale in pre-foreclosure?

A short sale in pre-foreclosure is when the property is sold for less than the outstanding mortgage balance with the lender’s approval, allowing the homeowner to avoid foreclosure.

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FAQ Pre-foreclosure property

How does selling a pre-foreclosure property work?

Selling a pre-foreclosure property involves finding a buyer who is willing to purchase the property before foreclosure and negotiating with the lender to satisfy the outstanding mortgage debt.

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FAQ Pre-foreclosure property

Can I sell a house in pre-foreclosure?

Yes, you can sell a house in pre-foreclosure, but it requires prompt action and cooperation with the lender to avoid foreclosure proceedings.