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Articles related to foreclosure

What Is a Foreclosure and How Does It Work?
In-depth explanation of how foreclosure work and how to protect yourself if you're thinking about buying a foreclosure.
Home Foreclosure Definition - What Is Foreclosure
Definition: Foreclosure is a legal proceeding in which the bank can take possession of and sell a mortgaged property when the borrower does not meet his or ...
Foreclosure Basics (The Three Types) - Home Buying and Selling
Three basic types of foreclosures. Explanation of pre-foreclosure, foreclosure and post-foreclosures. How to determine the type of foreclosure before writing a ...
Home Foreclosure - Stop or Avoid Best Options
Ways to stop foreclosure. Little known alternatives to foreclosure, working out forbearances, note modifications, reinstatements; expert tips for saving your home ...
Buying Home After a Short Sale or Foreclosure
After a short sale or foreclosure, how long must you wait before you can buy a home again? These guidelines set forth the waiting period for buying a home after ...
Should You Choose a Short Sale Over a Foreclosure?
Is a short sale or foreclosure better for your credit rating? How do you qualify for a short sale? Are there any advantages at all to doing a foreclosure?
Better to Buy a Short Sale or Foreclosure? - Home Buying and Selling
Foreclosure home prices (REOs) can be cheaper than a short sale price. If you are trying to decide between waiting for the bank to seize a home or negotiating a  ...
Deed in Lieu of Foreclosure - Home Buying and Selling - About.com
Increasingly, as I hear about banks offering homeowners the option for a deed in lieu of foreclosure over a short sale , I keep coming back to one basic premise.
How a Foreclosure or Short Sale Affects Credit Score - Money Over 55
There are several ways a foreclosure or short sale affects your credit score. If done correctly, a short sale can have less of an affect on your credit score than a  ...
Why Did the Foreclosure We Tried to Buy Sell for Less?
How a buyer can try to buy a foreclosure home, get a rejected offer and then find out the home sold for less to a buyer with a lower offer. Why trying to buy a ...
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