Foreclosure Homes for Sale Becoming the Trend



A foreclosure for sale comes about when a lender is allowed to recover the amount owed to them by either selling or retaking ownership of the property. Usually the owner has defaulted on their mortgage or loan payments over a period of time. The process begins when the lender does a public default notice. The public notice is called a Notice of Default or a Lis Pendens. In 2007, a record number of
Foreclosure Homes for Sale Becoming the Trend

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