Preforeclosures & Preforeclosure Real Estate

Almost everyone knows what a foreclosure is in general. But did you know that there are three main stages of a foreclosure? This article specifically discusses the first stage of foreclosure known as the preforeclosure stage, considered by many real estate investors and other professionals to be the best time to buy a foreclosure because of the bargaining leverage you have vis-a-vis the real estate owner. Written by Mark Moyo