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What is a foreclosure?

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...
As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?
Feeling safe in your Santa Monica home — but are you? Imagine you come home one day. The sunset glows on your front door. But then you spot a strange paper taped on the door. Your pulse jumps. Could ...
A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.
Understanding foreclosure and your options for avoiding it could potentially protect you from losing your home. Some or all of the mortgage lenders featured on our site are advertising partners of ...