Foreclosure definition
foreclosure - definition of foreclosure by the Free Online Dictionary ...
fore·clo·sure (fôr-kl zh r, f r-) n. The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed. foreclosure. the process by which mortgaged ... (more...)
Foreclosure financial definition of Foreclosure. Foreclosure finance ...
Foreclosure. Process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage ... (more...)
Foreclosure - Wikipedia, the free encyclopedia
Foreclosure is the legal and professional proceeding in which a mortgage, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor 's equitable ... (more...)
foreclosure - Definition of foreclosure at Your Dictionary
the legal procedure for satisfying claims against a mortgagor in default who has not redeemed the mortgage: satisfaction may be obtained from the proceeds of a forced sale of the ... (more...)
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foreclosure definition
Definition. Legal process by which a lender cancels (forecloses) a borrower's right of redemption of the mortgaged property through a court order (called foreclosure order). (more...)
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Foreclosure definition | Dictionary.com
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foreclosure Definition
foreclosure - definition of foreclosure - The legal process by which an owner's right to a property is terminated, usually due to default. Typically involves a forced sale of the ... (more...)
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foreclosure
Definition
foreclosure definition | Dictionary.com
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Foreclosure: Definition from Answers.com
Foreclosure A situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, be it a bank (more...)
Foreclosure legal definition of Foreclosure. Foreclosure synonyms by ...
A procedure by which the holder of a mortgage?an interest in land providing security for the performance of a duty or the payment of a debt?sells the property upon the failure ... (more...)