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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.
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As per the foreclosure data report of RealtyTrac for January 2014, 1 in every 1,058 homes in U.S. received a foreclosure filing. This figure falls in the higher spectrum of foreclosure frequency. As of August 2014, the foreclosure rate was 33.7%, 1.7% up from the last year.
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A total of 186,455 foreclosures filings were made in the United States during the month of October, according to real estate tracking firm RealtyTrac. That number represents a rise of 3% month ...
Iowa: 16216-1615 Highway 86, Spirit Lake. Price: $11,900,000 This combined-property estate not only has eight bedrooms and 15 bathrooms, but it also has a movie theater, a pub, caterer's kitchen ...
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