As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?

Know and understand the six key steps.

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.

Foreclosure is back at the center of the U.S. housing story, as lenders step up efforts to reclaim properties from struggling ...

A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

Falling behind on your mortgage payments is an incredibly stressful situation. When you miss multiple payments, the lender may start the foreclosure process to take possession of your home. However, ...

A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...