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Government Foreclosures Guide by:Ernani Uchoa
You can buy a Government home for you to live in
, or simply to rehab and sell for a fast profit. These foreclosures are offered to the general public through real estate agents that specialize in the sales of government homes.HUD and the Veterans Administration (VA) foreclosure listings dominate the Government foreclosure market. Lending institutions are protected by the insurance provided by Fannie Mae and Freddie Mac on low interest loans offered to those who buy government foreclosures. When homeowners are not able to make their payments the banks refer back to the insurance attached to this mortgage loans. These homes then become government homes. Sometimes properties become government owned when they are seized from criminals.
There are large choices of available government owned listings including single-family homes, condominiums, and town houses, throughout different types of neighborhood all over the country. Prices for these homes may vary from one state to another. Some of these government foreclosure homes are older, but many of these available properties are comparatively new.
About the author
Ernani Uchoa is the author of Foreclosure Deals - Online Leader of foreclosure listings. Search more foreclosure articles for free at http://www.foreclosuredeals.com. Focus Your Home Business Like A Laser To Explode Your Income! by:Funcareers.com Student Debt And Student Loans by:Joseph Kenny Mortgage Brokers by:Dan Lewis The Truth About Flipping Real Estate by:Bill Vaughn Coaching for Success by:Terence Traut How To Improve Your Sales Skills by:Sue and Chuck DeFiore Tips on finding a Payday Loan by:Peter Garant Managing Project Risks (Part 2): 10 Major Mistakes Your Team Can Avoid by:Adele Sommers Instant Loans - For The Needs That Cannot Wait Long For Approval by:Steve Clark Free Annual Credit Reports - Strategies to Avoid Imposter Websites by:Nora Hansell Decrease Daily Debt - Top 10 Ways by:Chris Huff The Six Rules of Effective Communication by:Barbara Stennes Day Trading Forex Market Behaviour by:Jay Moncliff