None of the above choices .Criminals use mortgage schemes to get it cheaply .They spend money to maintain it in good condition .They wait for market price levels to go up .
What may happen after banks seize a property ?
If you want to buy real estate , one of the best alternatives is to buy seized real estate . These properties are often seized by banks and governments . Usually , it is because failure to pay mortgage payment or it could have been used by criminals and drug dealers . Since the bank or government does not want to incur cost with maintaining the house , they are willing to let go of the house at below market price levels .