Mortgages & Creative Financing

Understanding The Foreclosure Process

Expertise: Real Estate Marketing, Personal Development, Real Estate News & Commentary, Mortgages & Creative Financing, Real Estate Investing Basics, Landlording & Rental Properties, Flipping Houses, Personal Finance, Business Management
301 Articles Written
What is a Foreclosure? A foreclosure occurs when a property owner cannot make principal and/or interest payments on his/her loan, typically leading to the property being seized and sold. How does a foreclosure occur? The foreclosure process is not very difficult to understand. There are several stages during which the homeowner has an opportunity to [...] View the full article: Understanding The Foreclosure Process on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of
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    Michael
    Replied almost 14 years ago
    This article is a little mis-leading. There are judicial states and non-judicial states when it comes to foreclosure and the time-lines are very different. Reply Report comment
    Michael
    Replied almost 14 years ago
    This article is a little mis-leading. There are judicial states and non-judicial states when it comes to foreclosure and the time-lines are very different.