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Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility.
“Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property. Typically, default is triggered when a borrower misses a specific number of monthly payments . . .” To find out what your house is worth in today’s market, work with a local real estate professional. We’ll be able to give you an estimate of what your house could sell for based on recent sales of similar homes in your area. Since home prices are still appreciating, you may be able to sell your house to avoid foreclosure. #homeseller #homesales #buyingahouse #realtorslife #homebuyingtips #yourrealtor #topagent #localrealtor #propertyinvestor #firsthomebuyer #iloverealestate #firsttimebuyer #sellyourhome #firsttimehomebuyers #homesale #buyahome #realestateexpert #sellinghomes #buyingahome #sellersagent #undercontract #realtor #savingforahouse #realtorfamily #getlistings #greathomes #globalrealestate #licensedrealtor #dealmaker #nicehome #licenced
