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What is Foreclosure in real estate?

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What is foreclosure?

When a borrower has stopped making payments to a lender, foreclosure is the legal process in which a lender attempts to recover the balance of a loan from the borrower by forcing the sale of the asset (real estate) used as the collateral for the loan.

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The OfferMarket Fix and Flip Financing: From Instant Quote to CloseAt OfferMarket we have streamlined the conventional Fix and Flip financing process so our clients close their deals faster and finish their projects ahead of schedule and under budget

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