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Oakwood, Ohio Classifieds
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Foreclosures, Real Estate - Oakwood, Ohio Classifieds and Business Listings

  
 

 

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***Foreclosure is a specific legal process in which a lender attempts to recover the balance of a loan ... see more. To post your FREE classified or FREE business listing in section Foreclosures, Real Estate in Oakwood, Ohio Click Here

Definition (Source: Wikipedia)

***Foreclosure is a specific legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. a mortgage lender (mortgagee), or other lien holder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law.



 
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