Foreclosure is the legal process by which a lender seizes and sells a home or property after a borrower is unable to meet ...

When we were reading through real-estate data this month, three stats caught our eye. The first: that the number of active foreclosures (this is when the foreclosure process has begun on a seriously ...

A deed in lieu of foreclosure allows a borrower to transfer their property title back to the lender, avoiding foreclosure and ...

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 soon ...

What is a foreclosure? When a homeowner doesn't pay their mortgage for an extended period of time, a lender will take possession of the home—which means the current owner must move out. Foreclosure is ...

About a month ago, I wrote a story about appraisers having to use sales of foreclosed homes for property valuations in certain parts of town. That prompted some e-mails and phone calls from Tucsonans ...

Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...

Often, when buyers are searching for a deal, they gravitate toward the idea of purchasing a foreclosure. However, while these homes often look like a steal at first glance, they also come with a lot ...