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  2. Foreclosure suit targets properties owned by Santa Fe real ...

    www.aol.com/news/foreclosure-suit-targets...

    The 114 and 116 Palace Ave. properties are listed for sale by Santa Fe Properties for a combined $4.3 million. Associate broker Christine McDonald, listed as the contact for the properties, did ...

  3. 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.

  4. 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]

  5. 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 ...

  6. 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 ...

  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.

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