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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...

   Bank-owned REOs are easier, but banks don’t make ideal sellers either. Expect plenty of red tape and a slower sales process. Government-owned foreclosed homes come with even more bureaucracy.

3. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust".

4. 2010 United States foreclosure crisis - Wikipedia

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

   The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...

5. Mortgage Foreclosure Freeze Ends Soon — Here Are the Banks ...

   www.aol.com/mortgage-foreclosure-freeze-ends...

   An important COVID-era protection against foreclosures is about to end, and some banks will not extend the benefit. Currently, Americans are protected from losing their homes through a foreclosure...

6. 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]

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

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

   Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...