Foreclosure

fore·clo·sure Audio Help (fôr-klō'zhər, fōr-)
noun The act of foreclosing, particularly when a legal proceeding by which a mortgage is foreclosed.

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Foreclose

fore·close (fôr-klōz', fōr-)
verb fore·closed, fore·clos·ing, fore·clos·es

To deprive (a mortgagor) of the right to redeem a mortgaged property, for example when payments have not been made. To bar an equity or a right to redeem (a mortgage).

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Foreclosed Homes are available in every state in the nation. Invest in foreclosed homes. Get help preventing your home from going into foreclosure. Sell your home before foreclosure.

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Foreclosures News Headlines

American Charged in Haiti Had Some Troubles in Idaho

An Idaho businesswoman had complaints from employees over unpaid wages, state liens on a company bank account and lawsuits in small claims court.

No Help in Sight, More Homeowners Walk Away

By June, about 5.1 million people will own a home whose value is below 75 percent of what is owed.

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