Bank Homes For Sale

What Does Pre Foreclosure Mean

too good to be true (when first-time homebuyer)?

I am thinking of buying a condo and I found a Craigslist ad. It said that this property is the exclusion next. only $ 2,100 per month and 1200 with a 5% set for April 30. Seller also says he deserves hepatitis closing costs. wgat mean? There are catches of this ad? Obviously I am a first time buyer and I'm not sure what the difference between a foreclosure or is pre foreclosure. Is there, no, no I know vefore buying a home? any advice?

if the seller is the current owner condo, do not buy from he, like the condo will be foreclosed by the bank early (pre-foreclosure), and therefore you pay too much for him. yup too good to be true

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