Buying a countrywide foreclosure can be a great way to get a good deal on a home. However, it’s important to do your research and understand the process before you get started.
Foreclosures happen when homeowners can no longer make their mortgage payments. The lender will then take possession of the home and sell it to recoup their losses. Countrywide foreclosures are foreclosures that are handled by the government-sponsored enterprise Fannie Mae.
