Phrases with «to foreclose the home»

"To foreclose the home" refers to the legal process where a lender takes back ownership of a property due to the owner's inability to repay their mortgage loan. It usually happens when the homeowner fails to make their mortgage payments, and the lender must seize the home to recover the unpaid debt. Full definition

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Sentences with «to foreclose the home»

  • Prosecution of the Brooklyn Democrat was originally based on a charge he embezzled funds he received for serving as a referee for the sale of foreclosed homes in Brooklyn. (politico.com)
  • Married couples have tended to put off expanding their families when they see friends and neighbors being laid off and a greater number of foreclosed homes in their neighborhoods. (usfunds.com)
  • There is a bevy of foreclosed homes for sale in the United States, and these can serve a lucrative investments for investors willing to put forth the time and money needed to flip a home. (sdequitypartners.com)
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