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2. What is a foreclosure? How it works and how to avoid it - AOL

   www.aol.com/finance/foreclosure-works-avoid...

   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 and result in loss of property. As ...

3. Why the Oklahoma County sheriff's auctions on foreclosures ...

   www.aol.com/why-oklahoma-county-sheriffs...

   The first-ever sheriff's online auction of foreclosed properties launches Tuesday, with two homes offered in Oklahoma City. The auction will be from 10 a.m to noon, according to Bid4Assets, an ...

4. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   In the proceeding simply known as foreclosure (or, perhaps, distinguished as "judicial foreclosure"), the lender must sue the defaulting borrower in state court. Upon final judgment (usually summary judgment) in the lender's favor, the property is subject to auction by the county sheriff or some other officer of the court.

5. April Foreclosures: Fewer Starts, Faster Finishes - AOL

   www.aol.com/april-foreclosures-fewer-starts...

   The total number of U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — was 31,649 in April, down 4% from a month ago and 4% from a year ago ...

6. Penny auction (foreclosure) - Wikipedia

   en.wikipedia.org/wiki/Penny_auction_(foreclosure)

   Auctions. A penny auction is a collective action taken during the auction of a foreclosed property to force the sale of the property at a low price, with the intent of then returning the property to its previous owner. The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents ...

7. Court auction - Wikipedia

   en.wikipedia.org/wiki/Court_auction

   Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...