les must be posted at the county courthouse, and must be published in newspapers. Copies of the notices are also posted on the property. Most lenders circulate lists of such sales to real estate attorneys and real estate brokers. Thus, attorneys and brokers are also good sources for locating foreclosed property sales.
Agencies such as the FHA and VA publish periodic lists of foreclosed property sales. These lists are published in newspapers and they are made available to the general public on request. Thus, lists of available foreclosed properties are available to would be home buyers from both the FHA and VA local of offices.
PROCEDURES FOR THE ACQUISITION OF RESIDENTIAL
The procedures to follow to acquire residential property through foreclosure sales are essentially the same, regardless of original lender--FHA, VA, or private lender. The initial step is to inspect the property to assure oneself that it is a desirable property. Secondly, the agency or attorney in charge of the foreclosure sale should be contacted to verify that the default has not been "cured" by the original borr
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