Learn more about Preventing or Buying a Foreclosure


image credit: sxc.hu

image credit: sxc.hu

Foreclosure notices have become more common now than in former times, so if you are looking for a foreclosure, now is the time to get the facts.  Baldwin County Now news online are featuring a three day series that explores what it means to foreclose, what to consider if you are buying a foreclosure, and how to buy your foreclosed home back.
Currently, a mortgage company or bank is more likely to work with an owner than in the past, which could work to the advantage of the owner facing foreclosure.  When a payment is missed for three months, a bank or mortgage company can start the foreclosure process.  In Baldwin County, foreclosure announcements are required to be published in Gulf Coast Newspapers and the owner is notified each time the ad runs.  For more information on what a foreclosure is visit baldwincountynow.com.

For information on Baldwin County AL real estate including Fairhope, Daphne, Spanish Fort, and Mobile and West Mobile areas contact your local agent Barbara Reeves via email or by clicking the “Talk Now” feature of this page.

Contributed by Barbara Reeves
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