Special Report on
Strict Foreclosure in Connecticut
Strict Foreclosure in Connecticut - Trends
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can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, the lender cannot be sure that it can successfully repossess the property, thus the lender seeks to foreclose the equitable right of redemption. Other lien holders can also foreclose the owner's right of redemption for other debts, such as for overdue taxes, unpaid contractors' bills or overdue homeowners' association dues or assessments. The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property ( ...
Nobody likes to profit at someone’s expense, but we all have to look at the facts. The fact is that there are record numbers of foreclosures taking place throughout the country these days. These properties represent the best values in real estate you can get. This is especially true in certain states, such as Connecticut. A Connecticut foreclosure is among the better values in the country at this time. The state of Connecticut ranks in the top ten numbers of foreclosures by state. Since it is a small state, the actual percentages of home owners facing foreclosure there are shockingly ... Read More
SURVEY RESULTS FOR
STRICT FORECLOSURE IN CONNECTICUT
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