foreclosure faqs: The FAQ's About Foreclosed Homes!
- 11/02/10 02:58 PM
It seems that stories about the foreclosure market have taken over the news lately. Even though they try to present information in ways so as to be understandable by most, it can still be very confusing! Below are the answers to some of the most frequently asked questions about foreclosures and other types of distressed property.
What is a foreclosure? Foreclosure can mean a number of different things depending on the context. At its base definition, foreclosure is the process by which a lender takes possession of a piece of property when the owner has defaulted on their payments. … (1 comments)
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