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A foreclosure is a situation whereby a homeowner is deprived of the right to use their property after failing to make principal or interest payments on their mortgage.

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A residential real estate property is perhaps one of the biggest undertaking an individual could have in their life. It's an enormous investment and leap for a family but of course, not all homes are permanent.

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Real estate properties are one of the most valuable properties that people would have and we should know that they are also a great investment to have.

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