Foreclosure
From The Art and Popular Culture Encyclopedia
Related e |
Featured: |
Foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).
[edit]
See also
- Deed in lieu of foreclosure
- Equity stripping
- Financial crisis of 2007–2010
- Forbearance
- HUD auction
- Loss mitigation
- Repossession
- Real estate trends
- Short sale (real estate)
- Tax taking - Tax Sales, Tax Auctions, Tax Foreclosures
- Vacant property
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Foreclosure" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.