Most of the houses being scooped up are foreclosed houses, which Zelman believes are being bought by investors. When new home sales go up, she says, it will be a sign that homeowners are selling their.
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DEFINITION of ‘Foreclosure’. Foreclosure is the legal process by which a lender takes control of a property, evicts the homeowner and sells the home after a homeowner is unable to make full principal and interest payments on his or her mortgage, as stipulated in the mortgage contract.
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The key thing that got Trump elected was the economy. Workers were angry about the foreclosed houses, the factories bulldozed down. “Years ago I would come out of an election and think, Now it’s time.
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SOUTH EUCLID, Ohio – In South Euclid, vacant properties signal opportunity. In an effort to stop foreclosed houses from deteriorating in the hands of negligent owners, the city uses grant money to.
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