According to Dictionary.com a foreclosure is "to deprive (a mortgagor or pledgor) of the right to redeem his or her property, especially on failure to make a payment on a mortgage when due, ownership of a property then passing to the mortgagee."
Foreclosures and short sales can be difficult to understand, and even more difficult to try to buy or sell. At Executive Realty we are experienced with both foreclosures and short sales and can help navigate buyers and sellers though out the process.
Our advanced search tool can help you create your own criteria of homes that you would like to get notified about immediately as they are listed, keeping you with the most up to date information. Create your search now, and start seeing deals!
"foreclose". Dictionary.com Unabridged. Random House, Inc. 8 Feb. 2017. <Dictionary.com http://www.dictionary.com/browse/foreclose>.
