Real Estate Investing - Private Lenders: Foreclosure Issue

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Private Lenders: Foreclosure Issue

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11-06-2006, 02:30 PM

bkar

Junior Member

Join Date: Nov 2006

Posts: 2

Private Lenders: Foreclosure Issue

Is there a difference between foreclosing procedures when the lender is instititional or private?

If it's a private lender, for example investor that carries a mortgage for a buyer: can a contract between the investor and the buyer specify an expedited foreclosure in case of the buyer's default?

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