When buying a home in Santa Cruz, it’s hard not to be attracted to a foreclosure.
Not only are these homes priced below market value, they are often located in some of the most desirable neighborhoods around Santa Cruz.
But sometimes, these homes are too good to be true.
They often come with a number of stipulations that you should know about before jumping at the opportunity.
To help you with your real estate journey, here are a few things you should know before you commit to buying a foreclosure property.
- Types of Foreclosure Properties
- Things To Watch Out For If You're Considering A Foreclosure
- Tips for Buying a Foreclosed Home in Santa Cruz
Types Of Foreclosure Properties
There are four stages of a foreclosure…