321Homes.net - Frequently Asked Questions


Getting Started
	Where do I start?
	What are the subscription benefits?
	What kind of properties do you offer?
	I am looking for a specific property. Where can I find it?
	Is signing up a long term commitment?
	How do I cancel?

Foreclosures (Basics)
	What are Foreclosures?
	What are types of Foreclosures?
	Are there any drawbacks?
	What is an Auction Foreclosure?
	What is a Pre-Foreclosure?
	What is a Bank Foreclosure?

Foreclosures (Expanded)
	What is Mortgage Foreclosure?
	What is Trust Deed Foreclosure?

Buying Foreclosures (Basics)
	Can I make money with Foreclosures?
	Do I need a Reatlor to buy Foreclosures?
	Where do I find cash to buy Foreclosures?
	How do I buy different types of Foreclosures?

Buying Foreclosures (Expanded)
	What are Hard Money Lenders?
	What is Subject To? How does it work?
	What is a Short Sale? How does it work?

Foreclosure Questions
	Why can’t I find Foreclosure deals?
	Am I taking advantage of someone in Foreclosure?
	How do I buy Foreclosures with no Credit or Down Payment?
	Can Banks call a loan due?


	What is an Auction Foreclosure? An auction property is one that is sold or about to be sold at a public auction, usually at the county courthouse. This means that the property owners could not payoff the arrears or sell the property before the date of the auction. The auction is open to all bidders, including investors and homebuyers, and it is sold to the highest bidder. An auction property is under the control of the foreclosure attorney who conducts the sale on behalf of the lenderRead more inside our Members Section