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What types of foreclosure are there?
Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lienholder on property requests a court-supervised sale of the property to cover the unpaid balance of a delinquent debt.
Nonjudicial foreclosure is the process of selling real property under a power of sale in a mortgage or deed of trust that is in default. In such a foreclosure, however, the lender is unable to obtain a deficiency judgment, which makes some title insurance companies reluctant to issue a policy.
Tips and Questions
Can I get a HUD home for as little as $100 down?
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Where do I learn about HUD foreclosures?
Where can you find foreclosures?
Where can you find foreclosed HUD homes?
Do you have to buy HUD homes through a realty agent?
What about buying a foreclosure "as is"?
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Call or Email Carlos
Carlos M. Aguilar
Axia Real Estate Group, Inc.
1450 Frazee Rd. Suite 301
San Diego, CA 92108
(888) 317-1496
carlos [at] teamaguilar.com
