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The Lender Can Either Take Ownership Of The Property Or, Most Likely, Sell The Property To Pay Off The Debt.
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Here are the 11 steps to buying foreclosed homes for dummies. Is buying a foreclosed house for dummies a hack that would work for you? We analyze over 27 million transactions and thousands of reviews to determine which. A foreclosed home is when a lender or lien holder seeks to take a property from a homeowner to satisfy a debt.
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