"Foreclosed homes" refers to houses that have been taken back by a bank or lender because the previous owners were unable to pay their mortgage. These homes are typically sold at a lower price to recover some of the outstanding debt.
Full definition
Synonyms for individual words can be found below.
«foreclosed»
«homes»
Phrases with «foreclosed homes»
Sentences with «foreclosed homes»
- 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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