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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

    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 ...

  3. Ocean County foreclosure sales resume; investors say ... - AOL

    www.aol.com/ocean-county-foreclosure-sales...

    Ocean County will end a standoff with the state and resume its sheriff's sales beginning Sept. 3, even as investors continue to cry foul over a new law they say opens the door to fraud, hurts ...

  4. Bank walkaway - Wikipedia

    en.wikipedia.org/wiki/Bank_walkaway

    The Government Accountability Office (GAO) defines an abandoned foreclosure as a mortgage that: has entered foreclosure, the servicer decides to not continue pursuing its interest in a mortgage loan (has stopped the foreclosure proceedings), the servicer has charged off the loan (considers it worthless), and; the home is vacant.

  5. Ocean County halts all foreclosure auctions, fears NJ law ...

    www.aol.com/ocean-county-halts-foreclosure...

    Ocean County has postponed the foreclosure auction scheduled for July 23 amid concerns that unproven nonprofit agencies are taking advantage of a new law that was designed to even the playing ...

  6. RealtyTrac - Wikipedia

    en.wikipedia.org/wiki/RealtyTrac

    In 1998 the company had records on 180,000 Californian properties as data was obtained from smaller companies that transcribed property records from typically only one county or municipality. With the new hardware and software in place, White struck a deal with Mike Ela, President of Dataquick at the time for foreclosure data from all 50 states ...

  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]