Free grants for foreclosures are available to the individual in jeopardy of losing their home and the investor who will take the risk of buying bank real estate. The money that is available and can be quickly obtained is helping millions of Americans stay in their homes.
Unfortunately, not everyone knows that this free grant is available, which means there are millions of other families having their homes taken from the bank and left where no where to go. The government is doing all that it can to help people keep their homes, and the foreclosure grants seem to be working.
This is money that can be quickly obtained since it does not require a down payment or any kind of collateral. The cash you will be eligible to receive is paid for by tax paying Americans. In other words, the government will never ask you to repay any money that you receive.
Once a home has gone into foreclosure, that still leaves a problem for the American economy. Banks are currently sitting on millions of homes, which is making the financial system fail. These are liabilities for the bank and they will do anything to get rid of them.
The real estate market is in this environment, they are having a hard time finding investors to pick up these homes. That is why there are also foreclosure grants available for real estate investors who would not otherwise take the financial risk.