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

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

    Losing your home: You’ll need to find a new place to live with a foreclosure on your record. This won’t just have a financial impact but an emotional one as well. This won’t just have a ...

  3. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    An expert from a housing counseling agency can guide you as you try to work with your mortgage company to avoid foreclosure. You can find a local HUD-approved expert online, or call HUD’s Office ...

  4. Buying a home after foreclosure - AOL

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

    A foreclosure stays on your credit report for up to seven years and will lower your credit score significantly, often by as many as 100 points, according to Equifax. 2. Focus on improving your ...

  5. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  6. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

  7. Title search - Wikipedia

    en.wikipedia.org/wiki/Title_search

    A foreclosure guarantee is a type of report (e.g. trustees sale guarantee, judicial foreclosure guarantee and litigation guarantee) that is used mainly for foreclosing an encumbrance (or a lien) in a certain property. The title searcher will perform a full coverage search to the property in default and a search for the addresses of the lien ...