subject: All About Pre-Foreclosures [print this page] Pre-foreclosure sales can be a win-win situation all around. As a potential investor you should do your homework carefully and look into all aspects of the transaction. As a home-owner, even though you may initially be in denial, a pre-foreclosure sale may save you from stress and tension. Moreover, it will have minimal effect on your credit record whereas a foreclosure will destroy your credit rating.
