Real Estate Market

What is foreclosure

What is Foreclosure?

Foreclosure is a lawful procedure in which a lender seeks to reclaim the remaining amount of a loan from a borrower who has ceased making payments. The lender often does this by compelling the sale of the asset (typically a residence) that was utilized as security for the loan. The foreclosure procedure commences when the borrower defaults on mortgage payments for an extended duration. The threshold...

Home Trend

This year and the last year, consumers noticed a dramatic surge in home sales and the price hike. Homes sales have been fueled by the pandemic. Actually, it quite makes sense that why the real estate market is booming. Some areas of the country have been back to more normal than other areas. Still, people have a lot more restrictions such as lockdowns, indoor capacity, travel concerns, and being remotely...

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