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PLEASE NOTE: Any recurring payments previously set up through EZCardInfo have not carried over. Buyers have the unique opportunity to pay below-market value for homes which wouldn’t be available to them under normal circumstances. Prospective buyers of foreclosed homes may be wise to submit bids on several properties at once, because it is possible for competing buyers to secure a property with a higher bid or an all-cash offer.foreclosed homes

The activity on foreclosed homes is happening in several other hard-hit markets. The property lists are normally updated each Friday; properties to be offered at the sale taking place in six weeks are added and the properties that were offered on the previous Tuesday are removed.

In Ontario, however, homes in foreclosure are generally sold by power of sale, which means the lender can sell the property outright, without getting permission from the court. Councilman Tom Hucker, who was a state …