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2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

   www.aol.com/lifestyle/smart-buy-foreclosed-home...

   Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

3. Buying Foreclosures: Do You Own the Title? - AOL

   www.aol.com/news/2010-10-26-buying-a-foreclosed...

   Suppose you bought a foreclosed house and moved in with your family. You loved your new home -- until this month, when news broke that major banks had screwed up thousands of foreclosures by ...

4. Hidden costs of buying foreclosed properties - AOL

   www.aol.com/2008/12/05/hidden-costs-of...

   Foreclosed homes often come with a variety of repair and financial issues that can add up to major expenses. Before starting your property search, make Hidden costs of buying foreclosed properties

5. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Under strict foreclosure, which is available in a few states including Connecticut, New Hampshire and Vermont, if the mortgagee wins the court case, the court orders the defaulted mortgagor to pay the mortgage within a specified period of time. Should the mortgagor fail to do so, the mortgage holder gains the title to the property with no ...

6. Foreclosure investment - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_investment

   Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property.. 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.

7. Odell Barnes (entrepreneur) - Wikipedia

   en.wikipedia.org/wiki/Odell_Barnes_(entrepreneur)

   For decades, Barnes has been buying foreclosed homes in bulk from banks and other mortgage-lenders and selling them to a network of private investors and directly to homeowners. Barnes and his investors sell the homes below current market value , typically with low down payments and higher-than-normal interest rates.