The pre-foreclosure phase could produce some real bargains, however the majority of experts concur it is the most challenging stage throughout which to buy a troubled home.
Realize that a pre-foreclosure home is not necessarily available. The pre-foreclosure stage is the period between the time where a Notice of Default (in non-judicial foreclosure) or lis pendens (in judicial repossession) has been provided to the homeowner and after the home is sold at a repossession public auction.

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