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Foreclosure – Wikipedia – 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.. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)’s equitable right of redemption, either by court.
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Neisner’s Building headed to foreclosure auction – Acting on a request from the mortgage holder. LLC has obtained approval from the Erie County Court to hold a foreclosure auction for the four-story building that for years was home to Neisner’s.How to Buy a House With No Money Down | Sapling.com – The good news is, if you need to buy a house with no money down, there are options available. There are ways to buy a house with no down payment. credit: Thinkstock Images/Stockbyte/Getty Images. Can I Buy a House Without My Husband? The Basics. Home Ownership. By: Richard Morgan.
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Buying a Foreclosed Home or Property – Lawyers.com – Is buying a foreclosure home a great way to get a bargain on a property, or a risky. likely because the owner failed to make regular, timely mortgage payments.