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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...

    A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...

  3. Here's What You Can Buy With Your Foreclosure Settlement - AOL

    www.aol.com/news/on-heres-what-you-can-buy-with...

    Despite a $3.6 billion foreclosure settlement that had banks sending checks (some of which bounced) to wronged homeowners, many saw the payouts as a Band-Aid on a bullet wound. According to Salon ...

  4. Is It Smart to Buy a Foreclosed Home? Weighing the Pros ... - AOL

    www.aol.com/lifestyle/smart-buy-foreclosed-home...

    Heard that you can score a great deal when you buy a foreclosure home for real estate investments? Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures ...

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    The entire foreclosure process in Alberta can take a year or longer. The original owners try to sell over the value to solve their financial problems. The courts favour the owners over the banks and so rarely sell under value. The banks have the money and so never sell under value.

  6. Drive-by inspection - Wikipedia

    en.wikipedia.org/wiki/Drive-by_inspection

    Drive-by inspection is a quick assessment of a property. [1] Drive-by inspection, or quick property assessment of properties are performed to assess a real estate property, such as of by field investigators for out-of-town landlords of rental property. [2]

  7. Buying a home after foreclosure - AOL

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

    As you figure out how to buy a house after foreclosure, a new lender can be an ally. Seek out a lender familiar with your situation, or one with several programs to choose from that can fit what ...