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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. Zillow - Wikipedia

    en.wikipedia.org/wiki/Zillow

    Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by Rich Barton, Zillow's current CEO, and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology ...

  4. 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]

  5. 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 ...

  6. Is the housing market going to crash? What the experts ... - AOL

    www.aol.com/finance/housing-market-going-crash...

    A total of 96,349 U.S. homes had foreclosure filings ... this slowdown doesn’t look like most real estate downturns. ... Realtors says there was just a 3.2-month supply of homes for sale in ...

  7. What is the right of redemption? How it works during foreclosure

    www.aol.com/finance/redemption-works-during...

    The right of redemption is a legal process that gives homeowners who have fallen behind on their mortgage payments the opportunity to keep their home by paying the money they owe, plus interest ...

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