Foreclosure Definition

The legal process by which an owner's right to a property is terminated, usually due to default. Typically involves a forced sale of the property at public auction, with the proceeds being applied to the mortgage debt.


Thursday, August 7, 2008

Be Careful When Buying A Home



A home is your most important investment, so you want to make sure that
you choose wisely. To protect yourself, hire a realtor who specializes in
buyers’ needs. That way, you can ensure that the real estate agent is
looking out for your best interests in the course of the transaction. Make a
list of the features you absolutely need in a home—for instance, central air,
garage. When you’re shopping, be sure to look at only those homes which
are in your price range. That way, you’ll avoid the temptation of overbuying.

Stop Foreclosure - Stop The Banks. Know Your Options.
Learn About The Techniques And Remedies
That Stop The Foreclosure On Your Property
Find Out Why The Banks Actually Do Not
Have The Legal Authority To Foreclose.
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