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2. Foreclosure: Definition, Process, & How To Avoid - Investopedia

   www.investopedia.com/terms/f/foreclosure.asp

   Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of the mortgaged property and selling it.

3. What Is Foreclosure? Definition, Process and Next Steps - Zillow

   www.zillow.com/learn/what-is-a-foreclosure

   Foreclosure is a legal process by which a homeowner forfeits their rights to their property, based on their inability to make monthly mortgage payments (typically when a borrower is more than 120 days delinquent).

4. Foreclosure: How It Works And How To Avoid | Bankrate

   www.bankrate.com/mortgages/what-is-a-foreclosure

   A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score...

5. Foreclosure: What It Is And How It Works? – Forbes Advisor

   www.forbes.com/advisor/mortgages/foreclosure-basics

   A foreclosure is a legal action mortgage lenders use to take control of a property that is in arrears. For borrowers facing foreclosure, there is often uncertainty...

6. The Foreclosure Process Explained in 4 Simple Steps - realtor.com

   www.realtor.com/advice/finance/foreclosure-works

   So how does a foreclosure work? Does a foreclosure always mean a lender will take away your home? Here’s a look at the steps a homeowner will likely go through—plus some ways to get off this...

7. Foreclosure: Defined & What It Means To You | Rocket Mortgage

   www.rocketmortgage.com/learn/foreclosure-definition

   Foreclosure is a process that’s triggered when a homeowner fails to make their mortgage payments. When a home is foreclosed on, a lender typically repossesses the property and attempts to sell it to recover their loss. Mortgage loans are secured by real estate.