Skip to Header Skip to Navigation Skip to Content
logo

Coldwell Banker La Jolla

SAN DIEGO CALIFORNIA HOMES FOR SALE - SAN DIEGO Real Estate Listings

Questions and Answers


Get the answers on home selling and buying.
Foreclosures - Q & A
Q:  Are foreclosures an option?
A:  A foreclosure property is a home that has been repossessed by the lender because the owners failed to pay the mortgage. Thousands of homes end up in foreclosure every year. Economic conditions affect the number of foreclosures, too. Many people lose their homes due to job loss, credit problems or unexpected expenses.

It is wise to be cautious when considering a foreclosure. Many experts, in fact, advise inexperienced buyers to hire an expert to take them through the process. It is important to have the house thoroughly inspected and to be sure that any liens, undisclosed mortgages or court judgements are cleared or at least disclosed.



Copyright 1999 Inman News Features


Contact

Afton Miller
00893161 DRE
California
Phone (619) 683-5420
Fax (619) 296-5831
Toll Free (619) 296-9055

Office

Coldwell Banker La Jolla
930 Prospect St
LA JOLLA, CA 92037
Afton Miller
00893161 DRE
California
  Coldwell Banker La Jolla
 
Phone (619) 683-5420
Fax (619) 296-5831
Toll Free (619) 296-9055
  Contact