A.K Infra & Reality Developers is a real estate company in Lucknow that offers plots and houses in Lucknow at the best prices. The current project of the company is Dream Green City Phase 2 in which plots and houses are available starting from Rs. 9 Lakhs only with many modern facilities.
To know more about the project please visit the website(akinfrareality.com).
A recent study estimates that 47% of foreclosed properties are still occupied.When you first see that stat you may be surprised… but we’re not.What most people don’t realize is that banks aren’t in the business to own homes.They are in the business to loan people money.
Often times the bank would rather have you in the property even after you stop paying your payments and the foreclosure is started because it wards of vandals and keeps the house in good working order.There’s been a lot of talk in the media about people living for free after foreclosure – and even many stories about banks “abandoning” properties.In those stories, people are avoiding house payments for months, even years.Man, that sounds great!
The only way that you get to live without making any payments is when some major mistakes were made.But you might get lucky!
Vacant homes are targets for vandalism and crime.Staying in the property can help the bank maintain the value of their investment, so it’s actually in their best interests to keep it occupied.
Honestly, this is a pretty bad option, but it seems to be increasingly common.
Remember that the proceedings and the process takes months and sometimes years.