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  2. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    How long does foreclosure take? Properties foreclosed in Q4 of 2023 averaged 720 days in the process, according to ATTOM’s Year-End 2023 U.S. Foreclosure Market Report. The report also ...

  3. 15 Best Foreclosure Sites for Finding Properties - AOL

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  4. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    Foreclosure is the process where the lender gains control over your property after you stop paying your mortgage. Without prompt action, you could lose your house. Without prompt action, you could ...

  5. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  6. 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 ...

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