Investing in foreclosure homes for resale is not that different from investing in
foreclosure homes for rental income. Many of the same rules apply and many
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The mortgage foreclosure process creates three sets of real estate investment
opportunities: the "Default/Pre-Foreclosure" phase, the "Auction/Sale" phase and the
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Freddie Mac is chartered by Congress and does not actually lend money. Instead,
Freddie Mac buys mortgages from various mortgage lenders, sets lending criteria and
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Imagine a busy lending office where a loan officer has just ordered a credit
report. He hears the whir of the laser printer and he knows the pages of the credit
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