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  2. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...

  3. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage. Depending on the type of foreclosure proceeding, the sale may be administered by the courts (judicial foreclosure) or by an appointed trustee (statutory foreclosure). Proceeds from the sale are used ...

  4. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    [20] [21] Since the 2010 crisis, 62 million mortgages are held in the name of MERS, [22] and MERS has initiated thousands of foreclosures in the United States, claiming to be the mortgagee of record. Lawyers have contended in court that MERS has no legal right to initiate a foreclosure, because MERS does not own the loans in question.

  5. Colorado Foreclosures: Time to Buy a Ski Home?

    www.aol.com/news/2011-01-12-colorado...

    Colorado foreclosures are reaching record levels. But if you're looking to buy a home in a Colorado ski resort town or outlying areas, now may be the time to take advantage of the low prices that ...

  6. ‘What in the world?’: Colorado homes to be bulldozed after ...

    www.aol.com/finance/world-colorado-homes...

    Sturgon said the town repurchased the homes for a reasonable price, but it's still not enough for them to stay in Colorado. Rebuying another home in the city is out of their price range, where the ...

  7. RealtyTrac - Wikipedia

    en.wikipedia.org/wiki/RealtyTrac

    RealtyTrac is a real estate information company and an online marketplace for foreclosed and defaulted properties in the United States. It was founded in 1993 and is based in Santa Barbara, California. It publishes a monthly U.S. Foreclosure Market Report. [1] [2] [3]

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