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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 ...
Feeling safe in your Santa Monica home — but are you? Imagine you come home one day. The sunset glows on your front door. But then you spot a strange paper taped on the door. Your pulse jumps. Could ...
As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?
If a borrower has defaulted on mortgage payments for a certain period, a property will enter preforeclosure. Preforeclosure is the crucial period when the borrower has missed sufficient payments to be ...
A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...
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 ...
Foreclosure can significantly damage your credit, but it doesn't have to be the end of the road. By reviewing the foreclosure process for legal violations and disputing inaccuracies on your credit ...
Foreclosures lead to high rates of crime and perpetuate wealth inequality and poverty. The American Dream is an increasingly difficult goal for millions of Americans, and it is becoming clear that a ...
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.