Explanation of Foreclosure Methodology in Minneapolis

December 29, 2011

Explanation of Foreclosure methodology in Minneapolis:

 

A property is a “lender-owned foreclosure” when any of the following rules are met:

 

Bank Owned Reo Corporate-owned
Hud aquire Hud aquired Corp owner
Foreclosure

 

A property is a “Short Sale” when the following rules are met:

 

Short sale Preforeclosure Subject to lender
Third-party approval Redemption Subject to corp
Subject to bank In foreclosure

View Foreclosures in Minneapolis