Categories
Glossary

Judgment foreclosure

Judgment | The final decision of the court resolving the dispute and determining the rights and obligations of the parties.

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Locations

Dayton Ohio foreclosure

Question: Who can foreclose on my property? – Answer: Mortgage holders and other lien holders who have a vested interest in loans on your property, which is used as collateral, can foreclose on you.

Categories
Glossary

Joint Venture foreclosure

Joint Venture | A project where two or more individuals take part in a business transaction to share the cost, risk, and reward.

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Locations

Cape Coral Florida foreclosure

Question: When do foreclosure proceedings start? – Answer: In most cases, foreclosure proceedings are started when payments become delinquent.

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Glossary

Joint Ownership foreclosure

Joint Ownership | When two or more parties own the same property.

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Locations

Port St. Lucie Florida foreclosure

Question: What is foreclosure? – Foreclosure is a legal process in which the rights to a property is taken away from the owner and the property is then sold to satisfy unpaid mortgages and liens against the property.

Categories
Glossary

Involuntary lien foreclosure

Involuntary lien | A lien issued against a property without the owners approval.

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Locations

Salem Oregon foreclosure

Question: What about tax liens? – Answer: A tax sale can take place if you get behind on your property taxes. The tax sale can be initiated by federal, state or local taxing agencies.

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Glossary

Instrument foreclosure

Instrument | A legal written document.

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Locations

Springfield Massachusetts foreclosure

Question: If I lose my property through foreclosure, can I get any money from the foreclosure sale? – Answer: Yes. But first, any remaining balance on the mortgage will be paid along with all outstanding property taxes and court fees. In most cases, very little, if any money, will be left for you to get.