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'The Definitions of 'Foreclosure''

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The Definitions of 'Foreclosure'

07/14/08 13:59

At this time when the housing economy is in a mess, we often hear the word 'foreclosure'. For many of us, foreclosures occur when lenders take away your--THEIR--property from you. To some, however, it takes on a different meaning. So how do we define a foreclosure, considering that a lot can be said with a given definition?

News: Real Estate by Christie Smythe: 'Foreclosure' definition varies | www.azstarnet.com

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