THE LANGUAGE OF FORECLOSURES

Talking about foreclosure real estate can be hard enough without even entering the market. That's because foreclosures tend to have their own language, employing many obscure words originating in govermnent housing legislation and real estate law. Without a background in these areas,  it can be difficult for a homeowner This article lists some of the more common foreclosure-related terms as a reference for people interested in this lucrative market. ​

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