Property

Can a Bank Legally Make a Profit on a Foreclosed Property?

Can a Bank Legally Make a Profit on a Foreclosed Property?

As banks are foreclosing hundreds of thousands of properties across the country, the question keeps arising, “Can banks make profits on foreclosed properties?” The simple answer is yes, but it does take some special circumstances for it to happen. If the homeowner is aware of how to protect his equity, he may get paid even …

Can a Bank Legally Make a Profit on a Foreclosed Property? Read More »