Search Foreclosure Properties
Foreclosure - What is it?
A Foreclosure is a situation in which a homeowner is unable to make full principal and interest payments on his/her mortgage , which allows the lender to seize the property, evict the homeowner and sell the home, as stipulated in the mortgage contract. One month after the homeowner misses a mortgage payment, he/she is in default and will be notified by the lender. Three to six months after the homeowner misses a mortgage payment , assuming the mortgage is still delinquent and the homeowner has not made up the missed payments within a specified grace period, the lender will begin to foreclose. The farther behind the borrower falls, the more difficult it becomes to catch up, since lenders add fees for payments that are 10 to 15 days late.
Foreclosed Properties in Philadelphia Area
Great opportunity for this spacious Two Story Brick row located in the Tacony section of Philadelphia. Property features spacious living room, dining room, kitchen with w...
- 3 Beds
- 1 Baths
Listing courtesy of Elfant Wissahickon-Mt Airy.
Great property on a quiet block in up and coming Allegheny West neighborhood! Porch front row home featuring a large living / dining room combo. Kitchen that exits to sma...
- 2 Beds
- 1 Baths
Listing courtesy of RE/MAX Prime Real Estate.
Porch front Straight through Row home on a great tree lined block of West Philadelphia!!! Get it while it's HOTTTTT!!! Property features a covered front porch, nice siz...
- 3 Beds
- 2 Baths
Listing courtesy of RE/MAX Prime Real Estate.
To be purchased sight unseen. Occupied property, will be responsibility of buyers to keep or remove occupants. Bank owned. Cash offers only. Call Listing agent, Jeff, wi...
- 3 Beds
- 1 Baths
Listing courtesy of First Heritage Realty Alliance, LLC.
Large residential lot, great for new construction, single, duplex, or quadraplex building.
Listing courtesy of Shel-Sone Realty, Inc..
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