What Homeowners Need to Know When Facing Foreclosure

What Homeowners Need to Know When Facing Foreclosure

 


Understanding the Foreclosure Process

What Is Foreclosure?

Foreclosure is the process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a lender files the appropriate documents with the appropriate officials (see below for more details).

Colorado Foreclosure Laws

Colorado

What Homeowners Need to Know When Facing Foreclosure

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