Latest News:
Updated Guide: How to get low-income apartments with no waiting list - June 29, 2022
House proposes 140,000 new Section 8 vouchers for FY23 - June 28, 2022
New Section 8 Waiting Lists - June 27, 2022
The legal process by which a property may be sold and the proceedds of the sale are applied to the mortgage debt. A foreclosure occurs when the loan becomes delinquent because payments have not been made. It can also occur when the homeowner is in default for a reason other than the failure to make timely mortgage payments, as spelled out in mortgage documents.