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  2. What is a short sale? - AOL

    www.aol.com/finance/short-sale-234542168.html

    Short sale vs. foreclosure. Both a foreclosure and a short sale hurt your credit, but they’re not the same thing. Foreclosure is the process by which a lender repossesses a home from a borrower ...

  3. Can I get a mortgage after a short sale of my home? - AOL

    www.aol.com/finance/mortgage-short-sale-home...

    Yes, you may qualify for a mortgage after a short sale, depending on the loan program you select. FHA loans are worth considering for credit-challenged borrowers once the three-year waiting period ...

  4. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    8. Refinance with a hard money loan. You won’t like the high interest rates and fees of a hard money loan — one from a private lender, often an individual — but it might buy you some time to ...

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1][2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  6. Short refinance - Wikipedia

    en.wikipedia.org/wiki/Short_refinance

    A short refinance is a United States mortgage refinancing where a lender agrees to refinance a borrower 's home for the current market value to avoid foreclosure. The lender agrees to replace the current loan with a new one, and pays off the difference. This new loan typically has a lower balance, and borrowers typically receive a new interest ...

  7. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    A pre-foreclosure short sale can be a good opportunity for investors to buy a property at a discount directly from a financially distressed homeowner. [5] On completion of the publication process, the foreclosure action will be permitted to proceed and the owners have a limited amount of time to pay up, sell, or make other deals with creditors.

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