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What is the difference Between resale and foreclosure homes?

I found some very nice homes that I like but the listing is listed as RESALE can someone please explain to me what is the difference between foreclosure and resale.How much more paper work do you need when buying a resale ?how long will it take for the deal to go through?

What is the difference buying a foreclosure home and a bankruptcy home?

Just like to see if the prices would be different? I know that foreclosure homes are cheap, but are the bankruptcy homes cheaper or?

Whats the catch?

Anything would be appreciated.

Thanks.

What is the difference between a real estate broker and real estate agent?

I was wondering what the difference was between a real estate broker and a real estate agent? How long would you have to go to school to be either one? I pretty much got my answer to this question. Can a real estate broker act as both a broker as well as the agent? I [...]

Indiana: What is the difference between defaulting and foreclosure on a mortage?

Curious as to the difference between defaulting and foreclosure on a mortage? What are the different things that could happen if you keep one house and need to get rid of another wheather it be defautling or foreclosure? What are both possible outcomes?

What’s the difference between bank foreclosure and homeowner’s association foreclosure?

My sister is already facing bank foreclosure but she also just got a letter saying that she will be facing homeowner’s association foreclosure because of unpaid dues. They’re filling a lien against her … I don’t understand the difference … I thought only banks could foreclose.

What’s the difference between a regular foreclosure and an REO foreclosure?

I’ve been looking up foreclosures at the county office to buy a foreclosure (the ones about to be auctioned). Someone said I should be looking at REO foreclosures. What’s the difference, and how do I buy one and or get info on these?

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