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.
Opportunity is knocking in the Harrowgate section of Philadelphia. Row style home in need of complete restoration. Property is being sold "AS IS" with seller making no re...
Listing courtesy of Coldwell Banker Realty.
Tenant occupied property current rent is 800 a month long term tenant , showing will be done with the coordination with the management company in order not to disturb the...
Listing courtesy of Equity Pennsylvania Real Estate.
CASH Buyers only. Home is being sold As Is Where Is. All offers to be submitted via PropOffers.com by PA Licensed agents only. Minimum Earnest Money Deposit of 1% of t...
Listing courtesy of Keller Williams Real Estate - Newtown.
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