The 6 Phases of Foreclosure

Know and understand the six key steps.
Financial Advisor

Foreclosure Shock: Five States Emerge As Epicenter Of Growing U.S. Housing Plight

From Florida condos to Midwestern cities, a sharp rise in home seizures signals mounting strain on American homeowners.
Cleveland.com

Property owner who sued over Cuyahoga County foreclosure process settles for $97,500

CLEVELAND, Ohio — Cuyahoga County agreed to pay $97,500 to settle a lawsuit with a property owner who sued over the county’s foreclosure process. Tarrify Properties settled its lawsuit, filed in 2019, ...
HousingWire

Trade groups want these reforms to reduce property tax foreclosures

Unpaid property tax debts are leading to preventable foreclosures, with the greatest impacts on Black and Latino households and older homeowners living on fixed incomes. But if states take proactive ...
JD Supra

Ready, Set, Invest: A Due Diligence Checklist for Foreclosure Property

Foreclosure sales are an excellent resource for investors looking to purchase fixer-upper properties at low prices. However, there are many risks of buying properties sight unseen, and misconceptions ...

Understanding Other Real Estate Owned (OREO) in Banking

Other Real Estate Owned is a bank accounting term that refers to real estate owned by a bank that is not directly related to ...