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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros ... - AOL

    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.

  3. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. 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]

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

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

    The U.S. Department of Justice provides a list on its website of legal assistance providers that are either free or low-cost. If you’ve reached this stage in the foreclosure process, it’s also ...

  5. Citysearch - Wikipedia

    en.wikipedia.org/wiki/Citysearch

    Citysearch is an online city guide that provides information about businesses in the categories of dining, entertainment, retail, travel, and professional services in cities throughout the United States. Visitors to each of Citysearch's local city guides will find contact information, maps, driving directions, editorial, and user reviews for ...

  6. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

  7. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]

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