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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. While foreclosure rates since then have fallen ...

3. Tips on Buying Foreclosure Properties - AOL

   www.aol.com/news/2008-09-10-tips-on-buying...

   If you ve been thinking about buying a foreclosure property as a smart investment or as a second home for your family, you may be on the right track. However, buying a foreclosed home is a task ...

4. How to Buy a Foreclosed Home - AOL

   www.aol.com/news/buy-foreclosed-home-204355933.html

   Before you bid on a foreclosed home, make sure you know the risks and the limitations. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...

5. 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]

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 ...

7. Penny auction (foreclosure) - Wikipedia

   en.wikipedia.org/wiki/Penny_auction_(foreclosure)

   The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.