A decree of foreclosure and sale is a statement issued by a court indicating that a piece of property is to be sold when a mortgage has gone into default.
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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 ...
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 ...
As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?
A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...
If you’re looking to profit from real estate, investing in foreclosures is one way to land properties below market prices. However, the rewards of successful investing come with unique risks. The key ...
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 ...
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.