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2. What is a short sale? - AOL

   www.aol.com/finance/short-sale-234542168.html

   A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...

3. These States Had The Highest Foreclosure Rates in March - AOL

   www.aol.com/states-had-highest-foreclosure-rates...

   1. Illinois. The Land of Lincoln had the highest foreclosure rate in all 50 states in March. Of its 5,427,357 homes, 2,130 went into foreclosure, making the sixth-most populous state’s ...

4. ‘It’s totally insane’: Georgia homeowners share horror ...

   www.aol.com/finance/totally-insane-georgia...

   By removing the $2,000 minimum threshold for foreclosure, the bill aims to protect property owners from losing their homes over association fees and “address concerns about the potential abuse ...

5. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]

6. Foreclosure investment - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_investment

   Foreclosure investment. Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.

7. Real estate owned - Wikipedia

   en.wikipedia.org/wiki/Real_estate_owned

   Real estate owned. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at ...