foreclosure notice of sale
What are the pro’s and con’s of a foreclosure home?
And what does Notice of Foreclosurer Sale and Notice of Default mean?
Notice of Foreclosure Sale is the actual date when the property will be sold at auction, and the Notice of Default comes before that, it is a public announcement that the borrower is in default.
Pros of a foreclosure home – you can it for a cheaper price.
Cons of a foreclosure home – you don’t know what kind of repairs it needs (you’re going in blind).
As long as you do your homework, and buy it conservatively, you should be all right.
