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Preforeclosure indicates that the lender is legally pursuing foreclosure. Acting quickly during preforeclosure can help homeowners stay in their homes or avoid foreclosure.
The foreclosure process begins when a financially distressed homeowner fails to make a loan payment and is served with a summons from his or her creditors. After service, papers will be filed with the county clerk's office and be made a matter of public record (in some areas the place where deeds and mortgages are registered may go by a different name, such as the office of the land registrar).
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Río Rico is a village located along the Rio Grande in the Mexican state of Tamaulipas. It includes a portion of the Horcón Tract , a narrow 461-acre (1.87 km 2 ) piece of land (including former riverbed) that was part of the United States until 1977.
“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
None of the rancho grants near the former border, however, were made after 1836, so none of them straddled the pre-1836 territorial border. The result of the shifting borders is that some of the ranchos in this list, created by pre-1836 governors, are located partially or entirely in a 30-mile-wide sliver of the former Alta California that is ...