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  2. How to stop foreclosure - AOL

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

    A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...

  3. 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.

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    A mortgagee may foreclose either judicially or extrajudicially, as governed by Rule 68 of the 1997 Revised Rules of Civil Procedure and Act. No. 3135, respectively. A judicial foreclosure is done by filing a complaint in the Regional Trial Court of the place where the property is located. [47]

  5. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    A deed in lieu of foreclosure is generally a last-resort step taken by a homeowner to avoid a foreclosure, says Alesia Parker, branch manager at Silverton Mortgage, an Atlanta-based residential ...

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

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

    The types of foreclosures that can occur depend on your home state and mortgage terms. Some foreclosures involve legal action (judicial foreclosures), and others do not (non-judicial foreclosures ...

  7. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    This stage is called pre-foreclosure, and during this stage, a homeowner has a few ways to avoid foreclosure. [4] One of the ways to avoid a foreclosure is to short sell their property and pay off their outstanding mortgage. A pre-foreclosure short sale can be a good opportunity for investors to buy a property at a discount directly from a ...

  8. Tax sale - Wikipedia

    en.wikipedia.org/wiki/Tax_sale

    A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...

  9. 'It has just wrecked my whole life': Texas woman, 85, says ...

    www.aol.com/finance/just-wrecked-whole-life...

    Johnnie Jefferson, an 85-year-old resident of Richmond, Texas, says she faces the heartbreaking prospect of losing the six-bedroom house she has lived in for more than 20 years after a ...