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  2. 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 ...

  3. 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 ...

  4. Odell Barnes (entrepreneur) - Wikipedia

    en.wikipedia.org/wiki/Odell_Barnes_(entrepreneur)

    Odell Barnes. Born. James Odell Barnes, Jr. ( 1951-10-20) October 20, 1951 (age 72) Palatka, Florida, United States. James Odell Barnes Jr. (aka Odell Barnes) has earned the nickname "Foreclosure King." His firm, Odell Barnes REO, is a bulk-buyer of foreclosed homes in the United States. [1] For decades, Barnes has been buying foreclosed homes ...

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

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

    Preforeclosure is the first step in the foreclosure process, and it usually begins when a homeowner is 90 days past due on their mortgage. When you’ve missed three mortgage payments, the loan ...

  6. Homestead exemption in Florida - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption_in_Florida

    One unique feature of Florida's homestead exemption is that it attaches to proceeds from the sale of a home if the homeowner intends to use those proceeds to establish a new Florida homestead within a reasonable time. Therefore, if the owner of a $1,000,000 home sells that home and puts the money in a bank account, that money is still protected ...

  7. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    As of September 2012, approximately 1.4 million homes, or 3.3% of all homes with a mortgage, were in some stage of foreclosure compared to 1.5 million, or 3.5%, in September 2011. During September 2012, 57,000 homes completed foreclosure; this is down from 83,000 the prior September but well above the 2000–2006 average of 21,000 completed ...

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