Foreclosures and Tax Lien Sales Search Directory

Foreclosure refers to the procedure that a lender repossessing a property when the owner failed to pay the due money. The property may be sold by its current holder without court supervision. When a property owner does not pay the real estate' tax by any reason, the government has the right to resale the property. But the buyers have to wait out a redemption period during which the owner can repay the lien and the interest.