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  2. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    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. Depending on the type of foreclosure proceeding, the sale may be administered by the courts (judicial foreclosure) or by an appointed trustee (statutory foreclosure). Proceeds from the sale are used ...

  3. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    In a weak market, the foreclosing party may set the starting price at a lower amount if it believes the real estate securing the loan is worth less than the remaining principal of the loan. Time from notice of foreclosures to actual property sales depends on many factors, such as the method of foreclosure (judicial or non-judicial).

  4. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    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. ‘I’ve been homeless 7 times’: This Detroit woman fell for a ...

    www.aol.com/finance/ve-homeless-7-times-detroit...

    In June 2021, two months after she had made the final payment, a Florida-based real estate company Boccafe LLC filed to evict her from the home she thought she owned.

  6. Macy's is closing 66 stores nationwide. See the full list - AOL

    www.aol.com/news/macys-closing-66-stores...

    Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...

  7. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.

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