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  2. 20 Most Expensive and Cheapest Markets for Foreclosures - AOL

    www.aol.com/news/2013-03-05-most-expensive...

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  3. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...

  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. LA lawmakers threaten landlords with fines as high as $50K in ...

    www.aol.com/news/la-lawmakers-threaten-landlords...

    Landlords caught price gouging in Los Angeles County during the wildfire crisis now face fines as high as $50,000.. Board of Supervisors voted to increase the maximum penalty to $50,000 from ...

  7. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    Via the Back To Work - Extenuating Circumstances program, the FHA reduces its standard, mandatory three-year application waiting period for buyers with a history of foreclosure, short sale or deed-in-lieu; and two-year application waiting period after a Chapter 7 or Chapter 13 bankruptcy.