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Foreclosure is the process through which involuntarily a lender starts a process of reacquiring the underlying asset before the end of a loan/mortgage agreement in order to recover the outstanding debts, or voluntarily where a borrower seeks to end the mortgage...

For homeowners experiencing difficulty in making their monthly mortgage payments as required by their creditor, there are government programs at the state and federal levels that help homeowners avoid closure by providing them with grant money. This money is availed...

Properties are foreclosed almost every day in the real estate market. Investors find golden opportunities in these foreclosure circumstances because they can buy the property and sell it in an up market. There are numerous potential buyers for the property and the...

Successful defences against home foreclosures were relatively very rare until recently. Nowadays homeowners are challenging foreclosures successfully in courts and this is due to the fact that there is evidence that proves that the real estate industry has been lousy...

A foreclosure by power of sale is whereby the mortgage holder sells the mortgaged property without court oversight with the exception of judicial states where the foreclosure process has to go through the state court and be authorised. The power of sale is therefore a...

Eviction defenses are legally availed reasons as to why you should not be evicted from your home even after your home has been foreclosed. Thus if you have them at your disposal you should not be evicted. The following are the defenses available to tenants: Your...

Foreclosures are legal actions through which lenders have the right to terminate mortgages before their terms are over should the debtors fall behind in payments or stop making payments for whatever reasons. Lately the rate at which homes are being foreclosed are...

Foreclosure deficiency accrues when the lender is unable to cover all that is owed to them in the mortgage by the debtors from the foreclosure sale proceeds. This deficiency can also be attributed to a short sale or from a deed in lieu of foreclosure in Massachusetts....

For the foreclosing parties or the buyers of foreclosed properties to evict current owners or tenants as soon as possible they may make an offer to these people to achieve this goal.Therefore cash for key is a money offer a new owner or the lender makes to the owners...

Foreclosure is a legal process through which lenders can collect mortgage debts when the lenders stop paying their monthly obligations.  This process causes people to lose their homes as it sells homes to obtain what is owed to them and considering how meaningful it...

Foreclosure in Boston occurs when you have failed in making payments on your mortgages or secured loans and your lender(s) has considered selling your property so as to recover what you owe to them. When facing a foreclosure don’t let go without a fight because of the...

Foreclosure in Cambridge is the resolution secured lenders arrive at when a homeowner is unable to stay current with the mortgage or condominium fee payments for a given period of time.Because of the financial implications of a foreclosure in Cambridge, the first step...