Sentence examples for a foreclosure on from inspiring English sources

The phrase "a foreclosure on" is correct and usable in written English.
It is typically used in the context of real estate or finance to refer to the legal process of taking possession of a property due to the owner's failure to make mortgage payments.
Example: "The bank initiated a foreclosure on the property after the owner defaulted on their loan."
Alternatives: "a repossession of" or "a seizure of".

Exact(23)

Is there such a thing as a foreclosure on a co-op?

Any judgment made on a foreclosure on a loan being made is because values deteriorated.

"Countrywide demands their last dollar and their retirement funds to stop a foreclosure on unaffordable loans".

The government-controlled mortgage company acquired the property after a foreclosure on the previous owner last June.

Borrowers benefit because a deed-in-lieu looks better than a foreclosure on a credit report, and outstanding mortgage debt is forgiven.

When he finally joined the firm he was put to work on big real estate transactions, including a foreclosure on the Chrysler Building.

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Similar(37)

Conseco wants a foreclosure of a $19.4 million mortgage on former Chief Executive Stephen Hilbert's mansion, as a step toward recovering $217 million the insurer insists he owes.

Last Friday, GMAC rejected that offer and said it would foreclose in seven days, even though, according to Ms. Sweetland's broker, the bank estimates it will make $19,000 less on a foreclosure than on a short sale.

She also has to face a foreclosure notice on her house on the island.

A foreclosure stays put on your credit report for about seven to 10 years and will imply to other future lenders that you are a high-risk borrower.

We reconstruct the tale we tell about a sudden foreclosure on a sprawling mansion after keeping up with the Jones' became just too much.

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