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The foreclosure process varies by state, but entails the bank notifying the borrower of delinquency and preparing the foreclosed property to sell at auction. Depending on the state...

What Is the Foreclosure Process?
Foreclosure is the process of a bank or lender taking back into possession a property that they secured a mortgage against, using the home as collateral. Consider working out a mitigation plan to prevent foreclosure with help from a mortgage specialist... More »
Source: www.ehow.com



Processedit]. The process of foreclosure can be rapid or lengthy and varies from state to state. Other options such as refinancing, ...

What is a foreclosure and how does it happen? The debtor can make the loan current, including penalties and interest, work out arrangements with the creditor, or declare bankruptcy during this time, which is set by state law. In some circumstances, the creditor may ag... More »
By Jean Murray, About.com Guide

Foreclosure Process/U.S. Department of Housing and Urban ... - HUD


Foreclosure processes are different in every state. If you are worried about making your mortgage payments, then you should learn about your state's foreclosure ...

Foreclosure Process | Realtytrac


Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property ...

Understanding the Foreclosure Process - For Dummies


The foreclosure notice is the first step in a process that may take weeks or months to unfold. By understanding the foreclosure process, you can often gain more ...

The Foreclosure Process: Understanding How Foreclosures Work


The following is a generalized breakdown of the foreclosure process, a look at the stages of foreclosure, auctions, and tips for bidding on them.

Foreclosure Process - What Is Foreclosure | Real Estate Tips | HGTV


Your rights and options vary depending on what stage of the foreclosure process your home is in. Here, HGTV.com breaks down the steps of foreclosure.

Popular Q&A
Q: What Is the Foreclosure Process in Virginia?
A: Foreclosure occurs when a lender repossesses a home or property when a borrower defaults on the mortgage payments. After the housing crisis of 2008, foreclosure... Read More »
Source: www.ehow.com
Q: What Is the Foreclosure Process in Wisconsin?
A: Deeds. Mortgage lenders in Wisconsin may foreclose on deeds of trust or on mortgage deeds. A deed of trust is a condition of the loan in which the borrower agre... Read More »
Source: www.ehow.com
Q: How long is the foreclosure process.
A: The normal foreclosure process takes anywhere from 45-90 days.! The normal foreclosure process takes anywhere from 45-90.! Read More »
Source: www.chacha.com
Q: What is foreclosure process?
A: Not Legal Advice: Foreclosure process follows several stages and begins when a property owner misses a mortgage payment. Process varies by state. report this an... Read More »
Source: www.kgbanswers.com
Q: Who enters the foreclosure process?
A: Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be filed with the New York State Banking Departm... Read More »
Source: ideas.repec.org