A decree of foreclosure and sale is a statement issued by a court indicating that a piece of property is to be sold when a mortgage has gone into default.

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

Foreclosed homes sold for an average of 28 percent less last year. March 4, 2011 — -- How would you like to knock tens of thousands of dollars off the price when you buy a home? You can do just ...

If you're searching for a house to buy-- and you're looking for a deal -- a foreclosure may be an enticing option. Foreclosed properties, which have been taken back by a lender after the homeowners ...

Foreclosures occur when a lender takes back a property from an owner who has defaulted on their mortgage payments. Buying a ...

Are you a savvy shopper looking to purchase a new home? If so, you should consider foreclosures–they're a great way to get a house on the cheap if you're working with a limited budget. So if you ...

In recent years, foreclosed homes have gained popularity among buyers looking for more affordable entry points into the real estate market. Whether you’re a first-time homebuyer, an investor, or just ...