Foreclosure

Word FORECLOSURE
Character 11
Hyphenation fore clo sure
Pronunciations N/A

Definitions and meanings of "Foreclosure"

What do we mean by foreclosure?

The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed. noun

The act of foreclosing; the act of depriving a mortgager of the right of redeeming his mortgaged estate. noun

The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate. noun

The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments noun

The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default noun

The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

The absence of a symbolic father for a fatherless child, as a cause for psychosis.

A behind-on-mortgage-payments homeowner that tries to sell their own home without a real estate agent (For Sale By Owner). This is a desperate stall tactic, often the last one possible, to delay foreclosure while the homeowner finds a new place to live (parents, friends, apartment, rental housing, etc). Often the house is abandoned the same day the "For Sale By Owner" sign is placed in the yard. Observers may also notice the homeowners taking objects that would typically be left behind if they actually intended on honestly selling the home, to include fences; sink fixtures; cabinetry; exterior lighting fixtures; counter tops; and et cetera. It becomes clear to observers that the homeowners are in no way serious about selling the home, but it is obviously a stall tactic to pilfer and move as much value out of the home before they jingle mail the mortgage company. Another clear sign is that the asking price set for the house is insane, priced unreasonably high so as to not even attract potential buyers. Urban Dictionary

Booze party where you burn down the walls, chainsaws are often incorporated Urban Dictionary

The act of a mortgage lender sending out redundant notices of intent to foreclose, prior to actually foreclosing. Similar to foreplay prior to sex. Urban Dictionary

Synonyms and Antonyms for Foreclosure

  • Antonyms for foreclosure
  • Foreclosure antonyms not found!

The word "foreclosure" in example sentences

The average loan in foreclosure is 484 days delinquent, according to LPS Applied Analytics. ❋ Robin Sidel (2010)

So while the short answer of whether you can vote if you're in foreclosure is yes, each state sets its own rules on when and whether you need to re-register your address. ❋ Ariana Eunjung Cha (2010)

The term foreclosure vulture clearly has negative connotations and generates a sense of foreboding, but not all who buy foreclosed properties have nefarious intent. ❋ Unknown (2009)

While laymen use the term foreclosure to mean a bank sale, the term refers to a credit-bid sale. ❋ Unknown (2010)

But the term foreclosure covers a very wide area with many sub-groups within it. ❋ Unknown (2008)

News of the foreclosure is the latest twist in the tale of Suleman and her children. ❋ Unknown (2009)

The only possible winner in a foreclosure is a cash-rich bargain hunter up homes at ultra-low prices and waiting to sell them when times improve. ❋ Unknown (2009)

The buyer of a foreclosure is a cash buyer, no leverage. ❋ Christopher Whalen (2010)

Taylor and other consumer advocates have said the problem spans from the loan origination that inflated the housing bubble to the failure to modify mortgages after it burst, not simply when a foreclosure is already inevitable. ❋ The Huffington Post News Team (2010)

So a foreclosure is a pretty shitty deal all around. ❋ Xtra (2008)

The Treasury Department has started dispatching what it calls foreclosure "SWAT teams" to big banks to take a hard look at their operations .... ❋ Unknown (2009)

The Treasury Department has started dispatching what it calls foreclosure "SWAT teams" to big banks to take a hard look at their operations. ❋ Unknown (2009)

Husband: Look at [the Joneses]... that is the 3rd sink [fixture] I've seen them put on the moving truck today, plus they took down the fence and left the fence posts!! I went to "ABC-fsbo.com" as listed on the sign they put in the front yard this morning and they're asking 20% more than what they paid for the place at the top of the [housing bubble]!! They're never going to sell in this real estate market. Wife: Yep! This has Foreclosure By Owner written all over it. ❋ ImperialFleet1 (2011)

We're getting [evicted] bro, [Foreclosure Party]! Bring the [Booze], Gas, and Chainsaws! ❋ Bazmonia (2015)

[DeShaunte's] bank keep sending him "[foreclosure play]" notices that they gonna [foreclose] on his crib... ❋ Skyeyeimages (2010)

Cross Reference for Foreclosure

What does foreclosure mean?

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