Foreclosure is the legal process through which a lender takes possession of the asset, evicts the homeowner and sells the home after a homeowner is unable to make full principal and interest payments on his or her mortgage, as stipulated in the mortgage contract.

These foreclosures tend to be sold under market value as the lender doesn't wish to hold the asset for any extended periods of time. This leads to great opportunities for individuals and companies to purchase these assets for flipping, investment or for owner-occupancy.

Timing is everything with purchasing foreclosures. Check out the latest foreclosure listings on

  • Buying a foreclosure home? Get the foreclosure checklist
  • How to get a good deal on a foreclosed property?
  • Checklist and tips when applying for a mortgage loan
  • Investment worksheet for rental property cash flow analysis
  • Home buying checklist and organizing your approach to buying a home
  • What is a short sale and what are the benefits?
  • 2019 New Year’s resolution - Invest in real estate - Buy a foreclosure
  • How to buy a foreclosure home? - Know the basics before you buy
  • Ease housing aid restrictions
  • Zero down-payment: Possible when buying foreclosed homes
  • Where to Get Foreclosed Home Decorating Ideas