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What is the downside of a foreclosure?

You can find foreclosed homes in your area by doing a quick Google search. You can do this yourself, but consider hiring...

How much does a foreclosure drop your credit score?

According to FICO, for borrowers with a good credit score, a foreclosure can lower their score by 100 points or more. If...

What are the main cause of foreclosure?

Medical emergency or illness that results in a large medical debt. Divorce or death of a spouse or partner who...

Where are the most foreclosures?

That represents 0.13% of all properties, a total of 6,861 foreclosed properties. 96% of major metropolitan areas saw an...

What are the benefits of foreclosure?

While you may think that a foreclosure automatically means you'll lose your home, that's not always the case....

What is the most common type of foreclosure?

Judicial Foreclosure This is the most common type of foreclosure. It's allowed in all states and in some states it's...

How foreclosure affects your future?

Unfortunately, a foreclosure hurts your credit score, meaning that it will be more difficult and sometimes impossible to...

What is meant by foreclosure in law?

Foreclosure is a general term for processes used by mortgage holders, or mortgagees, to seize mortgaged property from...

Editors Picks

What are the two types of foreclosure commonly used in the united states?

What are the two types of foreclosure commonly used in the united states?

In judicial foreclosures, the mortgagee must go to court and prove that they own the mortgage and that they have the...

How long does foreclosure take in georgia?

How long does foreclosure take in georgia?

Local, state and federal government websites usually end up in. govern.

What is us foreclosure?

What is us foreclosure?

Foreclosure occurs when a homeowner can no longer make mortgage payments as required. This allows the lender to seize the ...

Are foreclosure websites legit?

Are foreclosure websites legit?

In short, yes, Foreclosure, com is a real website and is 100% legitimate. It has an average rating of 3 stars on...

What is an example of foreclosure?

What is an example of foreclosure?

When a homeowner fails to repay a loan used to buy a home, the home is considered to be in foreclosure. What this...

Which of the following are methods of foreclosure?

Which of the following are methods of foreclosure?

The Three Types of Foreclosure: Judicial Foreclosure. Default occurs when a borrower has not made at least one mortgage...