IF YOU ARE GOING THROUGH A FORECLOSURE?
Welcome to the Foreclosures Page where we will discuss if You Are Currently In Default or Going Through A Foreclosure.
Let’s first start with the different levels of the foreclosure process so you can have a basic understanding of how it works and how it relates to real estate. I will try to keep it simple.
In the real estate arena, we see the foreclosure process in 4 parts:
1. The Default Stage – the beginning phase where the property owner is now late in their mortgage payments and probably has received a Default Notice from their bank.
2. The Short Sale Stage the middle phase where the bank may have agreed to accept less than what the homeowner owes to the bank. 
3. The Foreclosure Stage – the near end phase which is broken down usually in 2 parts although each State may be a little different. The 1st way is by Strict Foreclosure where the bank takes the deed back and asks you to leave or the 2nd way is an Auction By Sale – where the property will be auctioned right on the premises at a later specific date.
4. The “REO” or Real Estate Owned Stage – this is the end stage or time period after the foreclosure judgment was entered by the Court, where the property did not sell at auction and/or the bank took the deed back from the prior owner of the property. The bank now owns the property.
WE CAN HELP! We have many options for you including how we might be in a position to buy your property to save you from a foreclosure judgment! We understand these stages and can further explain them to you. We can also recommend a foreclosure attorney for you as well. Many real estate agents do not understand the foreclosure process and conversely, many lawyers do not understand the real estate side of things. Although we make it clear that we do not have attorneys on our staff and we do not provide legal advice, I have over 20 years of civil litigation experience as a paralegal – some of which was in foreclosure litigation, was a real estate agent and then broker for 18 years, have been flipping properties since 2015 and spent 40 years researching this area of real estate. I feel confident that my experience and options Sanford REI provides, will help you when you may need help the most! Please let me help you with your Default, Short Sale, Foreclosure or REO property now!
GO TO THE TAB ” CONTACT US“, FILL IT OUT AND SEND IT IN!
IF YOU WANT TO BUY A FORECLOSURE?
Whether you’re looking for a great deal on your dream home or seeking an investment property in the United States, a foreclosure may be just what you need. Our company has bought foreclosure properties through auctions and on the market. We have dealt with many of the auction sites online that offer properties all over the country. Many real estate agents do not understand the foreclosure process and conversely, many lawyers do not understand the real estate side of things either. Although we make it clear that we do not have attorneys on our staff and we do not provide legal advice, I have over 20 years of civil litigation experience as a paralegal – some of that time was in foreclosure litigation. I also was in real estate as an agent and then a broker for 18 years, have been flipping properties since 2015 and spent 40 years researching this area of real estate. I feel confident that my experience and investing options Sanford REI provides, will provide you a winning combination to be successful! If you want to invest in foreclosures, we offer 4 fantastic options for you to choose from if you want help on your next foreclosure! Please click on the “Investor” tab at the top of this page for more information!
You can also navigate through Zillow.com or Realtor.com to find foreclosures but please keep in mind that many times, their information is not totally accurate and that includes Zillow’s “Zestimate”. There are some public sites you can use to research foreclosures. A few of these sites may charge you a fee to use but most should be free. We do not endorse any of them. We only provide them as another set of resources for you to use. Ultimately, you may find yourself lost in so much information and will still need our guidance to navigate through the foreclosure process.
The bottom line is, if you want to buy a foreclosure or probate property that is on the market, you have a slim chance to make a decent profit but it’s possible. However, if you want to buy a foreclosure where you can “buy it right”, you will need to buy it at a foreclosure auction. If you are ready to “flip” or “buy and hold” your next property, then please click on the “Investor” tab at the top of the page and please complete the Contact Form! We look forward to working with you!
IF YOU WORK WITH FORECLOSURES such as Short Sales Department, A REO Department or For A Foreclosure Attorney?
When dealing with foreclosures, you will be dealing directly with John Sanford who has over 20 years of civil litigation experience which included foreclosures, had been a real state agent and then broker for 18 years including handling short sale properties and REO properties, and he has been flipping & wholesaling properties since early 2015!
If you work in a Short Sales Department, a REO Department, a Foreclosure Department at a bank/lender or you work at a law firm that handles foreclosures, please call me right now at (203) 721-4710 so you can add me to your investor email list! I can show you how your past properties were listed and how they could have been listed better! I can explain to you my experience in foreclosure litigation, foreclosures in real estate and foreclosure experience when flipping properties. We may want to buy your foreclosure properties!
We look forward to working with you!
Thank you!
John Sanford – Managing Member and Real Estate Broker
Sanford Real Estate & Investment, LLC.
222 Main Street, Unit 223
Farmington, CT 06032