Buying A Home In Foreclosure – Tawnya King

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A sheriff’s sale is a type of public auction where interested buyers can bid on foreclosed properties. The original owner of the property was unable to make his mortgage payments and the lender has now regained legal possession of the property. The lender is attempting to sell it recover some, if not all, of the outstanding mortgage balance.

King Foreclosure Listings. Find here foreclosure listings of foreclosures for sale in King Washington and nationwide. Our data will also include king washington bank owned homes, pre-foreclosures, foreclosed homes and REO properties. All our foreclosure listings are screened for accuracy by our team of professionals on a daily basis.

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Basic steps for you to consider when purchasing a property at a public foreclosure auction sale: When you have won the bid, complete the transaction per the direction of the lender’s representative by signing the purchase agreement and submitting the deposit.

Buying a house on the courthouse steps can be cheaper, but also riskier. You can get a good deal — and, these days, wider choices — at a real estate foreclosure auction. But first-time buyers need to do their homework. By Kirsten Grind. Special to The Seattle Times.

In this video we show you what it is like to attend a foreclosure auction in King county and provide some tips and insights on how the process works and how to be successful at purchasing these.

Cash is King: Buying a Foreclosure or short sale. great deals on foreclosures and. These homes usually carry attractive (often, overly-attractive) price tags.

Does anyone have experience with buying property at the auction at King county courthouse steps? What is the typical discount one can expect? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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