A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.

U.S. foreclosure filings reached 40,534 in January 2026, up 32% from last year, with Delaware having the highest rate among all states.

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

More U.S. homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year. The number of homes that received first-time foreclosure notices ...

You might be buying a house that was foreclosed ? and not even know it. Because a home goes into foreclosure does not automatically mean it is going up for a public auction or sale. An auction isn?t ...

Foreclosure can significantly damage your credit, but it doesn't have to be the end of the road. By reviewing the foreclosure process for legal violations and disputing inaccuracies on your credit ...

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...