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Foreclosure Listing ReviewsThere are a few stages of foreclosure. Pre-foreclosure is when the owner misses a few payments. Foreclosure is when the bank actually forecloses on the house and sells it at auction. Post-foreclosure can be the redemption period. Acquiring properties is a totally different process at any of these stages. The single biggest piece of advice is to know what you are doing before messing around with foreclosures. It is a risky business and a lot of people end up losing a lot of money.Most of the foreclosure process is a matter of public record; anyone can go look up foreclosures in their area for free. Unfortunately, it is difficult to decipher the legal documents and it takes hours to sort through all the notices to find what you really need. Thankfully, we have a number of online services that help you organize and sort through all this information. Not all foreclosure listing services are created equal; make sure you take a look at the reviews so you know what you are getting into.
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