Foreclose definition is - to shut out : preclude. { bidder: 'sovrn', params: { tagid: '387232' }}, If other parties bid on the property the lender will most likely bid as well. E & D DATE or NED RECORDED – The notice of Election & Demand for Foreclosure (NED) is the FIRST document the Public Trustee’s office receives from the lender or its attorney.This is recorded with the Clerk & Recorder’s office and the foreclosure … 'increment': 0.01, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, To enforce (a lien, deed of trust, or mortgage) in whatever manner is provided for by law. In this blogpost, Nimisha Srivastava, a student of Gujrat National Law University, writes about right to foreclosure under Transfer of Property Act. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, }); These charges will have to be added while making the foreclosure payment. } { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, var pbMobileHrSlots = [ Lien. expires: 365 'cap': true If no one bids on the property at the auction, ownership conveys or transfers to the lender by sheriff's sale deed. A foreclosure is the legal process in which the lender attempts to recover the balance of a loan by forcing the sale of the property used as collateral for the loan. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, iasLog("criterion : cdo_ptl = entry-lcp"); dfpSlots['leftslot'] = googletag.defineSlot('/2863368/leftslot', [[120, 600], [160, 600]], 'ad_leftslot').defineSizeMapping(mapping_leftslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'left').addService(googletag.pubads()); { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Browse our dictionary apps today and ensure you are never again lost for words. googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); GLOSSARY OF FORECLOSURE TERMS . The foreclosure process isn't something any homeowner wants to go through. { bidder: 'sovrn', params: { tagid: '446382' }}, }); initAdSlotRefresher(); { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, Foreclosure is the legal process by which a lender seizes and sells a home or property after a borrower is unable to fulfill his or her repayment obligation. iasLog("__tcfapi removeEventListener", success); { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, To learn exactly what type of notice you’ll receive and how long a foreclosure will take in your state and particular circumstances, consult with a local foreclosure attorney. // FIXME: (temporary) - send ad requests only if PlusPopup is not shown { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, By taking legal action against a borrower who has stopped making payments, banks can try to get their money back. Lis Pendens (LIS) Mortgage. if(window.__tcfapi) { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, How to use foreclose in a sentence. }); { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, googletag.pubads().setTargeting("cdo_c", ["business_financial_industrial_technology"]); userIds: [{ }; {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, 2. iasLog("criterion : cdo_c = " + ["business_financial_industrial_technology"]); storage: { Foreclosure is the legal process that occurs when a borrower defaults on a mortgage loan. },{ name: "pubCommonId", { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { Talk to a Lawyer. nighantuvu) English to Telugu (ex. 'min': 3.05, Munsūcakā foreclosure Find more words! ( especially of banks) to take back property that was bought with borrowed money because the money was not being paid … { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, It enables the lender to recover at least some of the remaining mortgage balance. var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); }, tcData.listenerId); { bidder: 'sovrn', params: { tagid: '705055' }}, Examples in English : The participants have to fill out the health form . { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, }] googletag.cmd = googletag.cmd || []; 'cap': true { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, Foreclosure is what happens when a homeowner fails to pay the mortgage. iasLog("criterion : cdo_l = en"); { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, }); es v.tr. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, "sign-in": "https://dictionary.cambridge.org/auth/signin?rid=READER_ID", Malayalam meaning and translation of the word "foreclosure" } bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, 'max': 8, Foreclose definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, params: { { bidder: 'appnexus', params: { placementId: '19042093' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, Education General { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, The word in the example sentence does not match the entry word. 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