Floreclosure Review and Guide
Bank foreclosure, or just foreclosure as it is more commonly referred to, is a process which is initiated by the mortgagee or a lien for the purpose of having the court order the debtor’s real estate sold to pay the mortgage or other lien. Basically foreclosure would take place if you were not making payments on your mortgage and the seller of the home or lender of your mortgage was forced to sell the house in order to receive the money owed for your mortgage.
Looking for more information on Foreclosures, then please feel free to visit our other pages Learning About the Foreclosure Process, What is Bank Foreclosure?, How to Stop Foreclosure, Finding a Foreclosure Property, Learning About Government Foreclosure and How to Avoid it, How to Stop Real Estate Foreclosure, What is a Foreclosure Auction? , Home Foreclosure Accompanied By Deals And Frustration, Work With Lender To Stop Home Foreclosure, Finding A Deal On A Pre Foreclosure Home