Synonyms for

Foreclosures

Verb / fɔ:ˈrkləʊʒɜ:z / Another word for foreclosures — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Foreclosures are the legal process by which a lender takes back ownership of a property when the borrower is unable to make mortgage payments.

Synonyms & similar words

foreclosure repossession seizure confiscation takeover expropriation reclamation acquisition distraint annexation occupation possession confiscation arrest detention impoundment confiscation sequestration attachment impoundment seizure

Example sentences

  1. There were several foreclosures in our neighborhood last year.
  2. The bank auctioned the foreclosed property.
  3. The foreclosure process can be stressful for families.
  4. My friend's parents lost their home due to foreclosure.
  5. The government is offering assistance to those facing foreclosure.

Quotes

  • Foreclosure is the only legal way to acquire a home with no money down.
  • Foreclosure is a nightmare to any family going through it, irrespective of the reasons.
  • Foreclosures sell at a discount, so investors have the opportunity to make a profit.

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