Foreclosures in Chatham MA - Jan to Oct 2016
By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
Foreclosures in Chatham MA from January 1 thru October 21, 2016I often receive inquiries about foreclosures on Cape Cod. Unfortunately for investors, there aren't as many as one might think, because property is usually able to sell before it forecloses. Even as a short sale, property can usually be sold before it gets foreclosed on.In the town of Chatham MA this year, from January 1, 2016 and October 21, 2016 there have been six properties that had an Order of Notice recorded in Chatham. The order of notice is the first recorded step in the foreclosure process. This is a formal public notice that a borrower has not kept the payments current and that the lender is planning to foreclose.Once this is recorded, there are other steps that the lender needs to take correctly before the foreclo...