Coming Up for Bid - Government Foreclosed Homes

Government foreclosed homes are very similar to bank, lender and financial institution foreclosed homes.A number of government institutions will provide mortgage loans, and if the owner of the property defaults on the mortgage payments, the government takes the same remedy as most any other financial institution and commences with foreclosure proceedings. In certain circumstances , the property may be taken into foreclosure because of a tax lien, due to failure to pay property

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