The homeowner still has possession and the right to sell or refinance the property. This represents a tremendous opportunity for home buyers and investors to make money in the real estate market. In states that require judicial foreclosure actions, lenders traditionally file a lis pendens to foreclose on a mortgage or deed-of-trust loan that is in default.
Our Lis Pendens Leads in Arizona, California, Florida, Georgia, PA, Texas, Virginia and the United States consist of homeowners at risk of foreclosure (bank repossession) due to loan default. A homeowner who immediately needs expert help to properly sell their home to avoid foreclosure and protect their credit. Filed by a lender, a lis pendens is the formal notice that starts the foreclosure process and becomes Lis Pendens Leads in Arizona, California, Florida, Georgia, PA, Texas, Virginia and United States major areas.
In essence, depending on where the property is located, is the beginning of the foreclosure process. The amount of time between these two dates varies greatly from state-to-state.
Regardless, Our Lis Pendens list creates a valuable opportunity for an investor to purchase the property from the homeowner before the sale date, which can sometimes result in instant savings and equity in your home. At ForeclosuresDaily we are the most up-to-date searchable database of foreclosed homes. Our data of Lis pendens in Arizona, California, Florida, Georgia, PA, Texas, Virginia and United States major areas, is updated daily, to find you a great real estate bargain.