Federal, State, and local governments have a variety of residential, commerical and industrial foreclosed properties in their inventories.
1/ GSA = Government Services Administration Property Disposition Offices oversee the sale of real estate. The list includes office buildings, vacant land, high-rise buildings... website: GSA.gov
2/ HUD = FHA = The U.S. Department of Housing and Urban Development foreclosures occur when a borrower defaults and the lender forecloses on an FHA loan.
3/ VA = Veterans Administration repossesses property from a serviceman who has been foreclosed on.
4/ FDIC = The Federal Deposit Insurance Corp is an independent agency of the U.S. governments. The website: FDIC.gov
5/ Freddie Mac = Federal Home Loan Mortgage Corp is publicly chartered agency that buys residential mortgages from lending institutions. Freddie Mac sells its foreclosures through real estate brokers who manage the properties in each sate.
6/ Fannie Mae = Federal National Mortgage Association is the largest purchaser of mortgage in the secondary market. Fannie Mae hires real estate brokers to sell the foreclosures in its inventory. Go to: Fanniemae.com
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The risk of loss in the trading of any securities products can be substantial. The strategies employed here are active trading strategies therefore you should carefully consider whether such trading is suitable for you in light of your personal investment objectives and financial resources. All data and information provided on this site is for informational purposes only. "yourmoneyandyourworld.blogspot.com" makes no representations as to accuracy, completeness, be current, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. The comments and posts here are personal opinions. There are NOT a recommendation to buy or sell any securities or NOT a recommendation for any actions for you in your 401K/IRAs/any retirement accounts/your personal properties. Please consult your advisor, conduct your own research and suitability, and invest at your own risk.
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