Real Estate Investing

what does pre-foreclosure mean

What Does Pre-Foreclosure Mean? And How to Avoid It.

Pre-foreclosure means that your lender has issued a notice of default (a public notice filed with a court) and that they are beginning the process of foreclosure. Fortunately, pre-foreclosure does not mean that your house will be foreclosed upon and there are many ways to get out of pre-foreclosure. While pre-foreclosure may seem like a …

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