Foreclosure: Definition, Process, & How To Avoid
https://www.investopedia.com/terms/f/foreclosure.asp
What Is Foreclosure?Understanding ForeclosureThe Foreclosure Process Varies by StateHow Long Does Foreclosure take?Can You Avoid Foreclosure?Consequences of ForeclosureEven if a borrower has missed a payment or two, there still may be ways to avoid foreclosure. Some alternatives include: 1. Reinstatement—During the reinstatement period, the borrower can pay back what they owe (including missed payments, interest, and any penalties) before a specific date to get back on track with the mortgage. 2. Short refinance—...See more on investopedia.com Even if a borrower has missed a payment or two, there still may be ways to avoid foreclosure. Some alternatives include: 1. Reinstatement—During the reinstatement period, the borrower can pay back what they owe (including missed payments, interest, and any penalties) before a specific date to get back on track with the mortgage. 2. Short refinance—...
Even if a borrower has missed a payment or two, there still may be ways to avoid foreclosure. Some alternatives include: 1. Reinstatement—During the reinstatement period, the borrower can pay back what they owe (including missed payments, interest, and any penalties) before a specific date to get back on track with the mortgage. 2. Short refinance—...
DA: 98 PA: 72 MOZ Rank: 24