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Foreclosure
Foreclosure
Foreclosure
Foreclosure
Foreclosure

The following information is about Foreclosure.

Foreclosure Defined

The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mrotgage debt.

This definition is in context to Home Purchase. See more contextual defintions for Foreclosure.


Are you looking for additional Home Purchase > Foreclosure news? Try our new "Foreclosure News Focus" area.

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Foreclosure. If you would like to find related tags we recommend Tag Patterns > Foreclosure

Off-site Foreclosure Research Links

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