Today's Market

updated 22 hours ago Sponsored by:
DOW 16,805.41 127.51 0.76%
S&P 500 1,964.58 13.76 0.71%
NASD 4,483.72 30.92 0.69%

Community: Investing Wiki

Term Of The Hour

buying foreclosure properties: Original post by Jagg Xaxx of Demand Media Buying a foreclosed home is an affordable but somewhat risky option for people who are seeking low cost home ownership. Foreclosed homes have been repossessed by banks because of failure to pay the mortgage, or by municipal governments because of tax delinquency. These homes have sometimes been neglected, and are not subject to the same guarantees as…

Want to learn more or edit this definition?
Click here to read more!