Foreclosure Glossary

Before you enter the fast-moving world of foreclosure home buying you should educate yourself on the process. Terminology is a big part of the process, so in this part of the website we have gathered some of the most common terms you'll encounter when buying a foreclosed home in your area.

Click on a foreclosure term below for a complete definition of that term.

We are currently in the process of building out this glossary with more terms.

A

Abandonment
Abstract of Judgement
Acceleration Clause

B

Beneficiary
Beneficiary Statement

C

F

Foreclosure
Abandonment

 
 

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