LOS ANGELES – Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors increasingly are buying up properties when they go on sale at public auction.
When a foreclosed home sells at auction for more than what the homeowner owed, something unusual happens. That extra money ...
Foreclosure is back at the center of the U.S. housing story, as lenders step up efforts to reclaim properties from struggling borrowers and investors circle distressed deals. The latest data show a ...
LOS ANGELES – The number of U.S. homes that got started on the path to foreclosure fell last year to a low not seen since before the high-flying days of the housing boom, the latest evidence that the ...
Doug Andrews never knows what a day will bring. As the co-owner of Neighborhood Resources, a business that clears out, cleans and secures foreclosed homes, Andrews said every day brings something new.
A decree of foreclosure and sale is a statement issued by a court indicating that a piece of property is to be sold when a mortgage has gone into default.
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