Foreclosures

[Monstango_2010]

Hi,
I've heard a bit about foreclosures and was wondering whether anyone has had any experience in buying or looking to buy foreclosures. Where to find them would be great.

Cheers, Eli

 

[bundy1964]

Originally posted by Monstango_2010
Hi,
I've heard a bit about foreclosures and was wondering whether anyone has had any experience in buying or looking to buy foreclosures. Where to find them would be great.

Cheers, Eli

Hi Eli

I would guess you have been reading USA based pages

Councils do sell properties for overdue rates they do seem to be out in the sticks though......most are in the public notice section of the paper.

Mortgagee in possetion is handled by Real Estate Agents, they go to auction with the possability of the price being higher because people think they are getting a cheap deal.

bundy