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The pre-foreclosure phase can yield some actual deals, however many specialists concur it is the most tough stage during which to buy a distressed house.
Be aware that a pre-foreclosure home is not essentially for sale. The pre-foreclosure stage is the duration in between the time in which a Notice of Default (in non-judicial repossession) or lis pendens (in judicial repossession) has been provided to the resident and after the property is purchased at a foreclosure auction.

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