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REO, HUD, VA, IRS, BANK OWNED |
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Foreclosure is the process in which a bank or other secured creditor sells or repossesses real property after the owner has failed to comply with an written agreement between the lender and borrower called the "mortgage", or the "trust deed". Typically, there has been a default in payment of a promissory note which was secured by a lien on the property. When the process is complete, the bank then owns the property and can sell that property for whatever price they find advantages. Also called REO, Bank Owned, or Foreclosure, a buyer has a chance of getting these properties at a great price. |
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INFORMATION AND ACCESS |
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We have compiled an online list of the bank owned homes in Nevada County. foreclosures@nevadacountyrealty.com Just e-mail us today, and we will send an updated link to you. |
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This link will let you do a real time search of homes that are currently on the MLS, and you can even set up an account so that when any new listings that meet your needs become available they will be emailed to you. Access the Multiple Listing Service Here - MLS Nevada County Realty is always available to answer, or research, any of the homes that you see on the internet. We can also show any of the properties to you. Dave and Debra Schafer provide a Buyer's Rebate, Buyer Broker Services, and have over 20 years of combined experience in real estate. They are also registered with HUD to represent buyers on bids for HUD foreclosures. You can call them at (530) 272-3838, or email them at manager@nevadacountyrealty.com |
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| HUD Foreclosures - This link lets you preview the homes that HUD has foreclosed on Link | Fannie Mae Foreclosures- (These are included in our Bank Owned list from above) Link |
| IRS Foreclosures- This link lets you preview the homes that the IRS has seized Link | Freddie Mack Foreclosures- (These are included in our Bank Owned list from above) Link |
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Mortgage Calculator
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Estimate a Home's Value Approximately
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