Foreclosures and Pre Foreclosure Properties

GES Real Estate, LLC

We maintain a day to day tracking of foreclosures, pre foreclosures, Notices of Default, judgements, bank auction dates and Notices of Trustee Sales in states where the trustee may be required.

A foreclosure or REO property is a property that has gone through the process and is bank or lender owned. These may be listed for sale with a Realtor or in many cases with an asset management company.

A Pre Foreclosure is a property where a lien or Lis Pendens has been recorded due to a default in paying the mortgage by the owner. These properties may present opportunity to buy directly from the homeowner at a greatly discounted price. A seller may be receptive to selling for the remaining balance on the mortgage thereby avoiding a foreclosure. This type of transaction presents a win, win for everyone involved including the lender who won't have to foreclose.

In some cases a lender may allow the amount owed to be reduced allowing the sale to occur in order to avoid the foreclosure. This is more commonly known as a short sale. In the Weekly Blog on this website we explain the short sale in more detail. If you are considering a short sale please read that information beforehand.

Interested in finding available foreclosure and

pre foreclosure properties ?

Send me an email with the details or  

Fill out the attached form for a quicker response.