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were foreclosure
noun
The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments
Exact(4)
Three were foreclosure sales, two were "short sales," in which homeowners sold to avoid foreclosure, and one was a traditional sale — to a couple that had saved their money and were looking to buy into a distressed market.
Three were foreclosure sales, two were "short sales" in which homeowners sold to avoid a foreclosure, and one was a traditional sale — a couple who had saved their money, and were now looking to buy into a distressed market.
Last July, there were foreclosure filings on about 360,000 homes, according to data provider RealtyTrac; by last month that number had dropped to 314,000.
There were foreclosure filings on 572,928 homes in the first three months of 2012, according to RealtyTrac: the lowest level since the end of 2007.
Similar(56)
"Business dried up, restaurants closed, there were foreclosures all over".
Of those, 44 – more than 40% – were foreclosures.
The best deals on my father's list were foreclosures — $19,000 and under.
In 1997, loans amounted to $211 billion, but there were foreclosures on 22,222 properties.
In January, nearly 80percentt of residential sales were foreclosures, according to the Greater Las Vegas Association of Realtors.
Foreclosures have been rampant statewide in the years that followed; in the third quarter this year 40% of California home sales were foreclosure-related, according to RealtyTrac.
One-third of those were short sales, and two-thirds were foreclosures, Molony says.
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