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Foreclosures aren't necessarily a bad thing. If a bank is willing to sell a house to some one like you for less than what the previous owner paid, the bank got what it wanted and you just got a ...
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 ...
Cyberhomes.com is a real estate information site that provides listing and foreclosure data, property evaluations and neighborhood analysis. [5] The site is owned by Fidelity National Real Estate Solutions (FNRES), a division of Fidelity National Financial, Inc. [ 6 ] and was introduced to the public in November 2007.
Get a deed-in-lieu of foreclosure: Some states allow homeowners to choose a deed-in-lieu of foreclosure, in which you agree to turn over your home to your lender to avoid foreclosure. With this ...
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.
As per the foreclosure data report of RealtyTrac for January 2014, 1 in every 1,058 homes in U.S. received a foreclosure filing. This figure falls in the higher spectrum of foreclosure frequency. As of August 2014, the foreclosure rate was 33.7%, 1.7% up from the last year.
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