"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else looking for a potential bargain, a foreclosed home could be the solution. For ...

A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.

Explore the foreclosure crisis of 2007-2010, identifying its causes and effects on the U.S. housing market and the solutions that resolved it.

A lis pendens begins the foreclosure process, often after a homeowner is 90 days’ delinquent. The foreclosure process takes as long as 18 to 24 months in the region. Some homeowners may try to ...

Foreclosure activity in the U.S. surged for the ninth consecutive month in November, as homeowners face ongoing challenges.

Foreclosure happens when homeowners are no longer able to make their mortgage payments and the lender takes back ownership of the property. And while it’s a daunting, overwhelming prospect for ...

CHICAGO (WLS) -- Going through a foreclosure is difficult but imagine losing your home and still getting stuck with thousands of dollars in city fines attached to the property. Some people are turning ...