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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.
The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.–based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.
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 ...
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The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.
Sheets Lake 39 acres (16 ha) [3] Livingston County: Sheffer Lake 12 acres (4.9 ha) 30 feet (9.1 m) Allegan County: Shelldrake Lake 264 acres (107 ha) Chippewa County: Shellenbarger Lake 114 acres (46 ha) Crawford County: Shinanguag Lake 236 acres (96 ha) Genesee County: Shoreline Lake 125 acres (51 ha) Shiawassee County: Shupac Lake 105 acres ...