Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Loss Mitigation Discussion to Stop Foreclosure » Stop Foreclosure - Save my Home » Can someone please explain to me how foreclosures work?

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Old 03-09-2011, 11:00 AM
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Join Date: Mar 2011
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Default Can someone please explain to me how foreclosures work?

Okay, so basically if you buy a foreclosure, you buy it for what the previous owner owed on it? How does it work? Also, why is it so difficult to get foreclosure listings? Do you HAVE to pay for a list or can I just can a realtor just email me some. Is it true that foreclosures are not a good idea? I just need the down-low on this. Help please?
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