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New! New! Get access to pre-foreclosures, foreclosure auctions and bank-owned properties in McAllen, TX and surrounding areas.
Stages of Freclousers
The owner of the property is given legal notice of the process of foreclosure starting due to missed payments on the mortgage .
Due to no action on the owners part to reinstate payments on the mortgage the property could be sold an an auction
After taking ownership of the property through an agreement or auction the selling of the property will start to recover unpaid loan balace