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
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...
- 3 Beds
- 1 Baths
Listing courtesy of Coldwell Banker Realty.
Vacant Lot that's ready for you to build on. Close to center city and public transportation. Great for multi-unit building - close to Temple University.
Listing courtesy of CB Realty One.
Investor Special! Selling AS IS! Property is a 3 bedroom, 1 bath, 2 Story Row. Currently rented for $800 dollars. Needs TLC. Tenant moving September. 48 hour noti...
- 3 Beds
- 1 Baths
Listing courtesy of EXP Realty, LLC.
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...
- 2 Beds
- 1 Baths
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...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Real Estate - Newtown.
Large residential lot, great for new construction, single, duplex, or quadraplex building.
Listing courtesy of Shel-Sone Realty Inc.
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