Bellingham Foreclosures are one of many ways to find discounted real estate. Are they always discounted? Absolutely not! In fact many are often overpriced, however, the ones that are usually great deals are considerably discounted...& they go quick. Is a Bellingham Foreclosure the same as a Bellingham bank owned property? Well, yes and no. A bank owned property is a property that has gone through the foreclosure process. Foreclosure is actually the process in which a lender takes in order to recoup their money from a borrower that has defaulted on a loan. If the owner of the property doesn't reinstate their loan plus the fees associated with defaulting, ie., late fees, attorney fees, payments, etc., the lender will either sell the property or will purchase the property at the for...
Comments
0