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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 ...
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 ...
7. Refinance with a hard money loan. You won’t like the high rates and fees of a hard money loan — one from a private lender, often an individual — but it might buy you some time to sell ...
Chickasha / ˈtʃɪkəʃeɪ / is a city in and the county seat of Grady County, Oklahoma, United States. [4] The population was 16,051 at the 2020 census, a 0.1% increase from 2010. [5] The city is named for and strongly connected to Native American heritage, as "Chickasha" ( Chikashsha) is the Choctaw word for Chickasaw.
Foreclosure rescue scheme. A foreclosure rescue scheme is a scam that targets those whose house is facing potential foreclosure. The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure. [1] [2] There are various ways in which foreclosure rescue schemes work, causing different types of harm ...
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
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