Discover how tax lien foreclosure works, key differences from tax deed sales, and what happens if a property owner fails to pay taxes. Informative insights for investors and homeowners.
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...
What is a foreclosure? When a homeowner doesn't pay their mortgage for an extended period of time, a lender will take possession of the home—which means the current owner must move out. Foreclosure is ...
ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity. Nearly 1.4 million (1,357,423) residential properties in the United States are ...