Hosted on MSN

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 ...
Homeowners who are unable to make their monthly mortgage payment face the risk of foreclosure. In rare cases, some of these owners take the drastic step to leave their home before being kicked out—and ...
If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees ...
CARSON, Calif. -- A Carson, California couple is facing foreclosure because of what's known as a "zombie loan." That term refers to a second mortgage that seemed to have been forgiven or written off - ...
Mortgage delinquencies are on the rise in nearly half of U.S. states due to rising costs of homeownership, and many people—especially those who bought when interest rates were high or have recently ...
One metro area in Florida has attracted attention as the leader of a particular housing category in the U.S. — but it’s no cause for cheer. The state’s Lakeland region had the nation’s highest ...
After a Halloween auction was canceled when a new lender took over the haunted house's mortgage, several questions arose about the process ahead.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The American Dream is an increasingly difficult goal for ...
If you’re looking to profit from real estate, investing in foreclosures is one way to land properties below market prices. However, the rewards of successful investing come with unique risks. The key ...
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. One metro area in Florida has attracted ...