As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?

Discover how tax lien foreclosure works, key differences from tax deed sales, and what happens if a property owner fails to ...

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...

Christy Bieber is a full-time personal finance and legal writer with more than a decade of experience. She has a JD from UCLA as well as a degree in English, Media and Communications with a ...

A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...

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.