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2. How to stop foreclosure - AOL

   www.aol.com/finance/stop-foreclosure-220538027.html

   A short sale happens when the lender allows you to sell the house for less than the outstanding loan amount, takes the proceeds and forgives any remaining debt. A short sale could help you salvage ...

3. 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 ...

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

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

   A power of sale foreclosure is considered a non-judicial foreclosure because no legal action is taken. Strict foreclosure: Strict foreclosures are less common because only a few states allow them ...

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. Trustee Sales Guarantee - Wikipedia

   en.wikipedia.org/wiki/Trustee_Sales_Guarantee

   The judicial foreclosure sale (sheriff sale) Non-judicial foreclosure sale (trustee sale) Furthermore, the other security devices that may be used in creating a real estate lien to secure the debt that contains the provision of the power of sale are: The contract of the land sale; The lease option sale; The UCC-1 statement of financing