Foreclosure is characterized as a conditions in which a homeowner is unable to build main and/or curiosity payments on his or her mortgage, so the lender, record normally a bank, can prehend and put on the market the property as definite in the status of the security interest pact. When a proceedings takes set the banking company participating in the system will privation to put up for sale the geographical area as promptly as possible, commonly MUCH downwards activity advantage.
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