WOW.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Penny auction (foreclosure) - Wikipedia

   en.wikipedia.org/wiki/Penny_auction_(foreclosure)

   e. A penny auction is a collective action taken during the auction of a foreclosed property to force the sale of the property at a low price, with the intent of then returning the property to its previous owner. The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure ...

3. 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]

4. Repossession - Wikipedia

   en.wikipedia.org/wiki/Repossession

   Repossession. Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.

5. Foreclosed Homes for Under $50,000 - AOL

   www.aol.com/2008/01/28/foreclosed-homes-for...

   Foreclosed Homes for Under $50,000. Purchasing a foreclosure home provides a buyer with a great opportunity to not just find the home of their dreams, but to reap several additional rewards. Like ...

6. Bank walkaway - Wikipedia

   en.wikipedia.org/wiki/Bank_walkaway

   A bank walkaway is a decision by a mortgage lender (a bank) to not foreclose on a defaulted mortgage (when the borrower has ceased to make the payments), or to not complete foreclosure proceedings (to "walk away" from the mortgage). These are sometimes referred to as abandoned foreclosures or stalled foreclosures, though this latter term is ...

7. AOL - Finance News & Latest Business Headlines - AOL.com

   www.aol.com/real-estate

   The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied U.S. homes fell 4.…. Get breaking ...