Preforeclosures – Are they Better then Foreclosures?
By Hermania Veeria • May 14th, 2009 • Category: Foreclosures, Pre-ForeclosureMost people in the US are aware of the current real estate crisis and the unsettling fact that many people are losing their homes to foreclosure. Before a home is in the process of becoming foreclosed, it is in the pre-foreclosure stage. The pre-foreclosure period can last anywhere from a few weeks to a few months, and is considered by many real estate investors as the absolute best time in which to negotiate the purchase of a home.
