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- Foreclosure
Foreclosure
Glossaries
Term | Definition |
---|---|
Foreclosure | The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt. |
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- PHONE - 864-630-1111
- EMAIL - home@rexandkarygalloway.com
- ADDRESS - 20 Overbrook Ct, Suite 400, Greenville, SC 29607