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

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

   Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

3. 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 ...

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

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

   In California, it must be posted on the property, as well as a public place in the county. ... You can buy a home after foreclosure, but getting a mortgage will be more difficult. In general, you ...

5. 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 ...

6. Hoping to Buy a Foreclosure? Here's Why That Will Be ... - AOL

   www.aol.com/finance/hoping-buy-foreclosure-heres...

   You might spend less on a home purchase if you buy a foreclosure. Read on to see why that may not be so feasible in today's market. You might spend less on a home purchase if you buy a foreclosure ...

7. 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]