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What Is Pre-Foreclosure?

Pre-foreclosure is the status of a property which is in the early stages of being repossessed (property owner was unable to pay an outstanding mortgage obligation). When the lender files a default notice on the property, which informs the property owner that the lender will proceed with pursuing legal action if the debt is not taken care of, the property status is reached pre-foreclosure. At this time, the property owner has the opportunity to pay off the outstanding debt or sell the property before it is foreclosed.

Investopedia explains Pre-Foreclosure

Property owners in the pre-foreclosure stage may enter into a short sale in order to pay off outstanding debts. An interested party may be able to purchase the property for less than if he or she waited until the property went into foreclosure, because the property owner wants to avoid being foreclosed upon. After a property is upon foreclosing, the lender probable will try to sell the property at lower prices.

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UNITED STATES CoutryWide Real Estate Owned Listings


Browse Foreclosures

1 2 3 4 5 6 7 8 9 10 next→ last Total: 21104 Foreclosures found
22394 BENIDORM DR # 22394, Boca Raton, FL 33428
  • City: Boca Raton
  • State: FL
  • Zip-Code: 33428
  • Type:
    Villa
  • Price: $75,000
2200 SW 24 ST, Miami, FL 33145
  • City: Miami
  • State: FL
  • Zip-Code: 33145
  • Type:
    Single Family
  • Price: $290,000
1800 S Ocean Blvd # 606, Lauderdale By The Sea, FL 33062
  • City: Lauderdale By The Sea
  • State: FL
  • Zip-Code: 33062
  • Type:
    Condo
  • Price: $500,000
3500 NW 36TH TE, Lauderdale Lakes, FL 33309
  • City: Lauderdale Lakes
  • State: FL
  • Zip-Code: 33309
  • Type:
    Single Family
  • Price: $105,000
1932 SE 23 AV # 1932, Homestead, FL 33035
  • City: Homestead
  • State: FL
  • Zip-Code: 33035
  • Type:
    Townhouse
  • Price: $79,900
1470 N Dixie Hwy # 12, Fort Lauderdale, FL 33304
  • City: Fort Lauderdale
  • State: FL
  • Zip-Code: 33304
  • Type:
    Condo
  • Price: $70,000
520 SE 5th Ave # 3506, Fort Lauderdale, FL 33301
  • City: Fort Lauderdale
  • State: FL
  • Zip-Code: 33301
  • Type:
    Condo
  • Price: $239,000
3223 NE 36TH ST # 6, Fort Lauderdale, FL 33308
  • City: Fort Lauderdale
  • State: FL
  • Zip-Code: 33308
  • Type:
    Condo
  • Price: $195,000
4625 NW 99 AV # 201-8, Doral, FL 33178
  • City: Doral
  • State: FL
  • Zip-Code: 33178
  • Type:
    Condo
  • Price: $150,000
2066 SW 81ST WY, Davie, FL 33324
  • City: Davie
  • State: FL
  • Zip-Code: 33324
  • Type:
    Single Family
  • Price: $80,000
1 2 3 4 5 6 7 8 9 10 next→ last Total: 21104 Foreclosures found

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