Tag: HUD
What Does Pre Foreclosure Mean
What Does Pre Foreclosure Mean What Does Pre Foreclosure Mean Pre foreclosure is a process that starts with the lender sending a notice to the borrower about their default. The borrower will then have to pay back the loan and make sure they are not in default. In this article, we’ll be discussing what pre…
Auction Home Foreclosures Affect House Construction Activities
Home building permits issued in Connecticut during December 2010 declined by over 14% when compared with year-ago levels. Analysts have attributed the lack of activity in the sector to the huge supply of auction home foreclosures in the area. According to them, the bargained prices of foreclosed properties are taking a big chunk out of…