If you fail to make mortgage payments for an extended period, your lender may take control of the property and sell it. For much of this process, known as foreclosure, you'll still have the chance to ...
There are new signs that the economy has homeowners struggling. Foreclosures have increased for the eighth month in a row nationwide to 36,766 filings, according to ATTOM. The property data curator ...
If you’re a commercial property owner facing the threat of foreclosure, or just skimming headlines you’ve likely seen the phrase “giving back the keys”. Although this expression may sound like an ...
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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 ...
A home on South Leonardi Street in a small St. Augustine neighborhood is now being foreclosed after years of complaints from ...
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Can Bankruptcy Stop Foreclosure?
Foreclosure is the legal process of a lender repossessing a mortgaged property from a borrower due to non-payment. The process begins with notifications sent to borrowers that they are in arrears and ...
Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...
As a non-judicial foreclosure state, it is often thought of as being “easy” to foreclose in Georgia. However, the foreclosure process requires more than running an advertisement for four weeks and ...
A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.
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