A foreclosure  occurs when a property owner cannot make principal and/or interest payments on his/her loan,
typically leading to the property being seized and sold.

Why do Sellers go into foreclosure?

Sellers stop making payments for a host of reasons. Few choose to go into foreclosure voluntarily.
It’s often an unpredictable result from one of the following:
Laid-off, fired or quit job, inability to continue working due to medical conditions,
excessive debt and mounting bill obligations, squabbles with co-owner, divorce, job transfer to another state.

To learn more about Foreclosure and to talk to one of our agents who specialize in them please contact:

Pat Silvi, REALTOR Associate Broker, GRI, ABR 1149 Wyoming Avenue Forty Fort, PA 18704 Ph: 570-283-9100x21 Fax: 570-283-9101	Jeff Brown, REALTOR Associate Broker, GRI 1149 Wyoming Avenue Forty Fort, PA 1804 Ph: 570-283-9100x44 Fax: 570-283-9101