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  2. Court auction - Wikipedia

    en.wikipedia.org/wiki/Court_auction

    Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...

  3. Jonesboro, Arkansas - Wikipedia

    en.wikipedia.org/wiki/Jonesboro,_Arkansas

    Jonesboro (/ ˈ dʒ oʊ n z b ʌ r ə /) is a city located on Crowley's Ridge in the northeastern corner of the U.S. State of Arkansas. Jonesboro is one of two county seats of Craighead County . In 2023, the city had an estimated population of 80,560, [ 4 ] making it the fifth-most populous city in Arkansas .

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    A house that has gone through a foreclosure auction and failed to attract any acceptable bids may remain the property of the owner of the mortgage. That inventory is called REO (real estate owned). In these situations, the owner/servicer tries to sell it through standard real estate channels.

  5. 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.

  6. Penny auction (foreclosure) - Wikipedia

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

    Neighbors would gather in large numbers at the auction and place bids of only a few pennies, while intimidating anyone who attempted to bid competitively. [1] In the end, the bank that owned the farm would get whatever was bid and the neighbors would return the farm and its contents to the farmer.

  7. Kim Zolciak and Kroy Biermann’s Georgia Home Put Up for Public Auction The estranged couple, who met on 'The Real Housewives of Atlanta,' first listed their Alpharetta mansion for $6 million in ...

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