Foreclosure Listings:
Foreclosure properti=
es
can offer a bargain to a well informed buyer but not all foreclosure proper=
ties
are bargains. When a home owner is no longer able to maintain their
mortgage loan payments, banks and mortgage companies try to recoup as =
much
of the loan amount as possible in a foreclosure sale or auction. These
sales are often influenced by the balance of the outstanding loan which
can be above or below the current market value of the property. As re=
al
estate professionals we have the market knowledge needed to help you evalua=
te
the deal.
Right of Redemption:
Anyone considering the purchase =
of a
foreclosed property should be aware of the Right of Redemption laws in
Alabama. A link to a copy of =
the
law can be found on the Home Page of our website, however,
you should consult an attorney for advice and guidance in this area.
The links below will
bring you to the foreclosure listings in the areas shown. Take a look=
at
what's available then give us a call at 205-612-9633 so we can guide you
through the process.