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2. 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 ...

3. Bank walkaway - Wikipedia

   en.wikipedia.org/wiki/Bank_walkaway

   The primary reason for bank walkaways is that a bank expects to lose money by foreclosing – when proceeds from a foreclosure sale are expected to be insufficient to cover the cost of the foreclosure itself, together with securing, maintaining, and marketing the home for sale.

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

   Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

6. AOL - Finance News & Latest Business Headlines - AOL.com

   www.aol.com/real-estate

   There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. Reuters 2 months ago US single-family housing starts surge; permits up slightly

7. 5 Strategies Boomers Use To Build Generational Wealth ... - AOL

   www.aol.com/generational-wealth-building-real...

   “Specifically, we purchase in the three-to-six-month window after the foreclosure sale and before a property is listed on MLS.” They approach the banks directly or the agents likely to market ...