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  2. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...

  3. 15 Best Foreclosure Sites for Finding Properties - AOL

    www.aol.com/news/15-best-foreclosure-sites...

    If you’re searching for foreclosures for sale for your next home or to flip for a profit, ... Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us.

  4. Buying a home after foreclosure - AOL

    www.aol.com/finance/buying-home-foreclosure...

    Generally, though, if you want to get a second chance mortgage after foreclosure, here’s how long you’ll have to wait: Conventional loan (3–7 years) – After a foreclosure, it can take you ...

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Software. v. t. e. Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]

  6. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...

  7. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at ...

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