You are here:
Home / Archives for Foreclosure
What is a foreclosure? In the simplest terms, a foreclosure is a legal proceeding by which property is repossessed by a lender due to the borrower’s failure to fulfill the terms of a mortgage or deed of trust. In most cases, this means the borrower has either been unable or unwilling to make the agreed-upon payments.
Tags: Abcs, Business_Finance, Court Supervision, Deed Of Trust, Deficiency Judgment, Failure, Foreclosure, Foreclosure investment, Foreclosure Laws, Foreclosure Process, Great Deals, Highest Bidder, Homebuyers, Judicial Foreclosure, Judicial Sale, Legal Proceeding, Loan Balance, MERS, Mortgage, Mortgage Deed, Mortgage Holder, Personal finance, Pete Mitchell, Property, Property Foreclosures, Real estate, real estate lawyer, real estate professional, Real property law, Several Different Types, trustee, United States
