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What is a foreclosure?

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...
Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the ...
Foreclosures are once again creeping higher across the country, with thousands of homeowners facing the legal process of losing their homes. In August, there were a total of 35,697 U.S. properties ...
Falling behind on your mortgage payments is an incredibly stressful situation. When you miss multiple payments, the lender may start the foreclosure process to take possession of your home. However, ...
A short sale could benefit a seller, especially if the alternative is foreclosure, but there are some drawbacks Written By Written by Contributor, Buy Side Angela Mae is a contributor to Buy Side and ...
WINSTON-SALEM, N.C. — If you grew up living in apartments you know what it feels like to buy a home for the first time. In 2002, Bobby Wilson and his wife purchased a house in Winston-Salem. “What a ...
With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else ...