Bank and Tax Foreclosures compared

Posted on May 13, 2009
Filed Under Bank Foreclosures |

Looking to better understand what a foreclosure is? Andy Sheehy is a real estate broker and investor with RE/MAX Greater Waco in Waco, TX. Important notes: 1) know the market in which you are looking to invest in foreclosure property, 2) tax liens always have first priority especially over bank liens, 3) tax foreclosures can be better deal as no bank has fought for first position. Good Luck!

Duration : 0:3:59

Technorati Tags: andy sheehy, bank lien, banks, collateral, default, foreclosure, Investment", lender, Lien, loan, mortgage, sheehy, sheehy team, tax lien, taxes

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