Are you looking for a way to buy a home at a cheap price? You may want to check out our list of government foreclosures. With the help of our foreclosure professionals, you can buy a property as less as 50 percent off the price. Furthermore, our database holds a comprehensive list of government foreclosures. You definitely have a lot of properties to choose from.
When a home owner buys and owns a home, he or she starts to pay the government with certain taxes. We have property tax and income tax, to name a few. If the home owner goes on default with his or her payment, the government will then seize the home and declares it foreclosed. This way, they will have the opportunity to collect the debt of the home owner.
You can buy government foreclosure properties usually through public auction. The actual schedule and location will be properly announced. When you want to purchase government foreclosure properties, you simply need to be the highest bidder. You should also be ready to pay the down payment through a check or cash. Paperwork will be accomplished immediately, so the property becomes yours immediately.
One of the greatest benefits of purchasing government foreclosure properties is they are extremely cheap. Since the goal of the government is to recover what they have lost when the home owner goes on default, they are willing to undersell the property.
With that, DistressedPropertiesSale.com helps you in every step of the way. You can take a look at our intensive government foreclosures listings to know what types of properties you can purchase. Moreover, to make sure that you can have time to check on the homes, the properties are added at least 3 months before the actual auction date. If you have questions on how to use our government foreclosures listings or how to win public auctions, we have our counselors to provide you with the right tips.
Find distressed properties for sale and all kinds of cheap fixer upper homes & handyman specials in our huge database. Over 1.5 million distressed homes available!