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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.
Cyberhomes.com is a real estate information site that provides listing and foreclosure data, property evaluations and neighborhood analysis. [5] The site is owned by Fidelity National Real Estate Solutions (FNRES), a division of Fidelity National Financial, Inc. [6] and was introduced to the public in November 2007.
As recently reported on NBC Miami's website, homeowners in danger of losing their homes because of an increasing mortgage now have a place to turn, and it's as easy as logging on and registering ...
[7] [8] The site charges a monthly fee for access to their listings. The company provides data to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal [9] and from 2005 they press release monthly figures on foreclosures that they say are a good indicator of real estate appreciation or depreciation.
April saw a surge in home foreclosures, with thousands of properties repossessed nationwide.Last month saw an 8% increase in repossessions from the previous month, totaling over 2,900, despite a ...
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