Image above courtesy Zillow
Pre-foreclosures are where a home is about to get foreclosed on if nothing is done about it. When appearing as "pre-foreclosure" on Zillow, it has typically not been listed yet. Most will not want to check the boxes for "Foreclosed or "Pre-Foreclosures" due to cost benefit analysis, but that's for you to decide. Below, I'll go over the details of pre-foreclosures & share about "foreclosed" as well:
What Happens Next on Zillow? Foreclosed Status
Pros of Pre-Foreclosures
Cons of Pre-Foreclosures
Should You Consider Them?
Finding Them
Making Contact with the Seller
The Best Pre-Foreclosures to Look for:
Related:
Generally Related: