Search

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




7 views0 comments

Recent Posts

See All