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Real Estate
Reply to "How does a pre-foreclosure house work?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Zillow is showing a beautiful house as pre-foreclosure with that terminology dating back to last summer, and states that the owner has received a notice of default. How does that work? Do you just call the bank and make an offer? Has anyone done this?[/quote] Karma's a bitch and she's got your name and number....[/quote] ?? What is wrong with the OP buying such a house? She didn't make the current owners go into default.[/quote] Seriously what the hell?? The owner isn't making their payments which I think is a lot worse than someone buying a foreclosure! I purchased a foreclosure and it was because the original owner just walked away, it had nothing to do with losing his job or anything. He just decided it was underwater and he didn't want to honor his mortgage contract and keep paying. [/quote]
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