Realestateschool.org logo

Foreclosure

The legal process a lender uses to take and sell a property when the borrower defaults on the loan, applying the sale proceeds to the unpaid debt.

Related terms

Amortization Appraisal Basis Closing Disclosure Collateral Consummation Covenant Deed

Express Checkout

Enter your name and email to continue — no password needed now. You'll create one right after your purchase so you can return to your courses.

I certify that I am at least 18 years of age, as required to hold a real estate license in the applicable state. I further certify that I will personally complete all instructional hours, quizzes, and exams required for this course without outside assistance.

Thank you for signing up with Realestateschool.org. Please fill out the following to allow us to properly certify your course completion.

Complete either of the following. They will be used for your course certificate.

I attest that all of the information entered above is true and correct.

* Mandatory

** Only one is required, but your real estate license number is preferred if you have one.


What state are you in?

Submit