Why would you want to buy a foreclosed home?
Here are just a few of the reasons that homeowners and investors are flocking to the foreclosure market.
1.PRICE ADVANTAGE: Approximately 25 % cheaper than market price.
2.LEGALLY SAFE: Since Banks / Financial Institutions have given loan after verification of all the legal aspects only, these are 95 % legally safe.
3.CREDIBILITY OF SELLER: You are buying from a Bank / Financial institution, which is authorized by Govt of India to sell such properties.
4.TIME FRAME: Entire transaction will be over in less than two months period. Ownership in one month.
5.TRANSPARENCY: 100 % transparent transaction.
6.PROBABILITY: 90% chances of winning in the Bank Auction.