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  2. Buying a home after foreclosure - AOL

    www.aol.com/finance/buying-home-foreclosure...

    Generally, though, if you want to get a second chance mortgage after foreclosure, here’s how long you’ll have to wait: Conventional loan (3–7 years) ...

  3. After Foreclosure, Homeowners Face Long Wait to Buy Again - AOL

    www.aol.com/news/2012-02-24-after-foreclosure...

    LOS ANGELES -- Next to filing for bankruptcy protection, nothing wrecks your chances of qualifying for a home loan like a foreclosure. And if you got out from under an oppressive mortgage through ...

  4. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    Foreclosure happens when the lender takes control of a property after the borrower misses multiple mortgage payments. This is also referred to as defaulting on the loan. This is also referred to ...

  5. What is the right of redemption? How it works during foreclosure

    www.aol.com/finance/redemption-works-during...

    The lender has to give you a chance to make good, however — your “right of redemption” — for a certain period. ... borrowers have the right for up to one year after foreclosure, while ...

  6. Under the Community Wealth Preservation Program (A5664/S4240), New Jersey homeowners experiencing foreclosure, their next of kin, or tenants living in a foreclosed property would have “the right ...

  7. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...

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