There's no doubt that owning a home is part of the American dream - a marker in life that shows economic accomplishment and social status. Yet it's also true that even households with great credit are ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...
Experts say that a 2008-style housing crash is unlikely to happen now, if only because lending standards are much tighter than they were prior to the Great Recession. Still, foreclosures are starting ...
A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...
Foreclosures are starting to tick upward across the country. Above: This three-bedroom, two-bath house in the Sunset area sold in December 2017 in a foreclosure. Courtesy of Cinthia Ane’ Real Estate ...
Foreclosure happens when homeowners are no longer able to make their mortgage payments and the lender takes back ownership of the property. And while it’s a daunting, overwhelming prospect for ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels Personal loan foreclosure is ...
Foreclosure is a traumatic experience, financially and emotionally. “Some people chose to go that way; other people, it was forced upon them,” Mark said. “Regardless of how you get there, your first ...
For example, if a property with a foreclosure judgment of $200,000 sells at auction for $225,000, the surplus funds would be $25,000. Surplus funds in real estate refer to the remaining proceeds from ...