Foreclosures and Tax Lien Sales Search
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Foreclosure refers to the procedure of a lender repossessing a property when the owner fails to pay the due money. The property may be sold by its current holder without court supervision. When a property owner does not pay the real estate tax, the government has the right to resell the property. But the buyers have to wait out a redemption period during which the owner can repay the lien and the interest.
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