Tag: Foreclosure Property

Factors Leading to Foreclosure

Foreclosure is a situation in which a home owner fails to make principal and interest payments on their mortgage, so the mortgagee, either a bank of any other financial institution, can be able to repossess and sell the property according to the terms in the contract documents. The main reason for foreclosure is for the […]

Definition of Foreclosure

Foreclosure is the process by which a lender of a mortgage, hereafter referred as the mortgagee secures the legal authority by either a court injunction or law operation to end the rights of a borrower, hereafter referred as the mortgagor with regard to a mortgage loan. Under normal circumstances, the mortgagee obtains interest of guarantee […]

Profiting from Successful Foreclosure Investment Strategies

If you believe in harvesting profits out of hype in the property market, then it would be wise for you to invest in the distressed properties. Indeed, there are many possibilities of making money through investments in the foreclosed properties. The basic principle that operates behind the real estate investments is buying low and selling […]