Know and understand the six key steps.

A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

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

What is REO when it comes to real estate? It stands for real estate owned, and it’s a term you’ll see when a bank or lender takes ownership of a home after a failed foreclosure auction. When a ...

"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 ...

If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees weak and palms sweaty. I know I can’t help it. After reading recent reports of ...

U.S. foreclosure filings rose 14% in 2025 to 367,460 properties, but they remain 87% below the 2010 peak, according to ATTOM ...

Recent strength in the housing market may be due, in part, to steps Congress has taken to mitigate the economic impact of the coronavirus (COVID-19) pandemic. A key protection -- a moratorium on ...

Properties foreclosed in Q1 2023 had been in the foreclosure process an average of 950 days, the highest number of average days to foreclose since Q1 2018. This is up 12 percent from the previous ...