What Causes a Foreclosure?
Foreclosure is the legal process by which a lender tries to recoup the amount owed on a defaulted loan by seizing and selling the mortgaged property. Default is typically caused when a borrower fails to make a certain amount of monthly payments, but it can also occur when the borrower fails to meet other requirements in the mortgage document.
Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today.
#RealEstate #NewCareer #Education #OnlineLearning