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Bank ForeclosuresThere are two types of "Bank Foreclosures." This first type are properties that have already been through the 3-month pre-foreclosure process and have been put up for auction at the county courthouse. These homes were NOT purchased at the courthouse auction and are now for sale by the original lending bank. The second type of bank foreclosures are properties that are about to go up for auction at the courthouse. TheOfficialForeclosureList.com provides a list of these foreclosures. Over half of the foreclosures on TheOfficialForeclosureList.com fall into the category of a Bank Foreclosure. The initial price of a Bank Foreclosure is set by the bank assigned to sell the foreclosed property. The bank generally has a set amount of time to sell the property and accepts bids on the home. In addition to accepting purchase bids, the bank will also normally quickly lower the price as days or weeks pass. Enter Your Name and Zip Code above to Search the Bank Foreclosures!
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TheOfficialForeclosureList.com