Concept selected: Foreclosures
DefinitionA foreclosure is an executive procedure through which the sale of a real estate property is ordered, which was previously covered by a mortgage, due to failure of the debtor to comply with the obligations guaranteed with the mortgage.
This is a regulated procedure, through which a goal is to make the value of the real estate property effected to pay unpaid debt in a clear way, usually via public auction.
SourceForeclosure Statistics. Methodology
Statistical operations(enlaces al Inventario de Operaciones Estadísticas)
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