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2. Preforeclosure: What it is and how it works - AOL

   www.aol.com/finance/preforeclosure-works...

   Pros. These homes can be more affordable since they are typically priced below market value. Compared to foreclosed homes, pre-foreclosure homes can often be in better condition since the ...

3. It looks like Graceland won't be auctioned off. But how did ...

   www.aol.com/looks-graceland-wont-auctioned-off...

   Why was a foreclosure sale possible for Graceland? Public notice for the foreclosure sale of the property was posted earlier this month. The notice alleged that Promenade Trust, which controls the ...

4. What is a short sale? - AOL

   www.aol.com/finance/short-sale-234542168.html

   A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...

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. 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 ...

7. Foreclosure investment - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_investment

   Foreclosure investment. Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.