If you’re falling behind on mortgage payments — or thinking about buying a distressed property — you may be wondering: What does pre-foreclosure mean? Simply put, pre-foreclosure is the early warning ...

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...

, including those that aren't yet on the market. The new pre-sale listings include bank-owned homes not yet being marketed, but it also includes homes that are in the middle of the foreclosure process ...

When you fall behind on mortgage payments, your lender may eventually take your home to recoup the loss. But that won’t happen right away. Lenders must follow a series of steps that start with ...

anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who ...

In an area like southwestern Connecticut, where luxury homes come with a big price tag, foreclosures can be a home buyer's answer. Homes that go into foreclosure are usually seized by the state ...

Illinois, Delaware, and South Carolina had the highest foreclosure rates. Foreclosure completion numbers increase 28% from last month. U.S. foreclosures reached pre-pandemic levels nationwide in ...