If you miss too many mortgage payments, your lender can start foreclosure proceedings to take ownership of the property, but it has to follow your state's laws.
This guide offers a foreclosure definition and definitions of related terms, demystifies homeowner's rights, and shows ways of avoiding foreclosure.
Buying a foreclosed home can be a great opportunity if you take the right steps. Here's how to buy a foreclosed home and spot any issues ahead of time.
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