Sentence examples for have bought foreclosed from inspiring English sources

Q. Do you own any foreclosed properties? A. I have bought foreclosed properties in the past, mostly hospitality-based.

But Cozy also has had inquiries from large investment funds that have bought foreclosed properties and are looking for efficient ways to rent them, he said.

Until now, Waypoint, which focuses on the Bay Area and Southern California, has been buying foreclosed properties one by one in courthouse auctions or through traditional real estate agents.

Developers have gone from buying foreclosed acreage from banks to buying from farmers, family trusts, manufacturers and even homeowners with outdated homes on single lots.

The attorney general's office has accused First Home of buying foreclosed properties in the five boroughs and in Long Island and Westchester County suburbs, and then selling them at a substantial markup to inexperienced low- and moderate-income buyers with the promise that the houses would be delivered in a "totally renovated" condition.

Other Wall Street institutions have also expressed interest in buying foreclosed homes and offering them up for rent.

"That's a small problem," said Laurie Hawkes, president of American Residential Properties, an Arizona-based firm that has bought, and then rented, over 500 foreclosed properties in the Southwest, and is nearing completion on a $100 million deal to acquire an additional 800 homes.

They already stand to make millions or billions buying foreclosed mortgages and bargain-basement-priced stock.

"Mostly they're buying foreclosed homes from banks, although I had one client who bought from a guy that was dying.

Even though Mr. Vela has not been able to sell either house, he remains upbeat about buying foreclosed properties and intends to resume shopping once he sells one of his investments.

Q. Has the process gotten easier for buying foreclosed property?