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Learning Real-Estate Foreclosures

Foreclosure ensues when a person borrows financing from a lender for real estate and cannot pay their mortgage payment. This develops when the mortgagor is unable to comply with the terms made by the lender in the contract. Usually the terms laid out by the lender state that the borrower's real property is used as security for the loan. Lenders protect themselves by using the mortgage as security for any money loaned and not paid back under the terms of the loan contract.

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"House Hunting" in SF
Tony and Laura looking at houses in San Fran, 1999..


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New York City a Real Estate Bright Spot

03 Jul 07 04:02:00 UTC
Street.Com - The New York City housing market continues to perform well, in stark contrast to the ongoing real estate woes nationally. The Manhattan residential real estate market saw falling inventories, rising prices and a record number of sales in the second ...


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