foreclose


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foreclose

(Action to seize property), verb enforceeent of a lien through the judiciary, extinguish rights through the judiciary, extinguish the equity of redemption through the judiciary, remove rights through the judiciary, seize by judicial process, transfer ownership by judicial process, transfer ownership rights by judicial process, transfer title by judicial process
Associated concepts: deed in lieu of foreclosure

foreclose

(Extinguish), verb bar, deprive, destroy equity of redemption, disentitle, divest, forfeit, halt, shut out, stop, terminating rights
Associated concepts: foreclosure opportunity, statute of limmtations, statutory foreclosure, strict foreclosure
See also: arrest, ban, bar, block, clog, condemn, confiscate, deprive, deter, dispossess, halt, hinder, impede, preclude, prevent, prohibit, repossess, seize, stay, stop
References in periodicals archive ?
A blend of informal learning, essentially self-instruction, can work best when formal training and instruction forecloses non-sensical or careless options, as with school efforts to instruct students in human nature and human interdependence.
The Bank also intends to foreclose a 619 square metres plot in Agios Dometios, Nicosia, at a reserve price of e1/4398,000 and three fields in Paliometocho, one with an area of 6,355 square metres, and second with an area of 3,345 square metres and another with an area of 4,840 square metres at a minimum price of e1/430,160, e1/416,800 and e1/4300,800 respectively.
Blaine said that once it's clear that SECU will foreclose on a property, the credit union moves swiftly to place it with real estate agents who know the community and have experience staging and selling foreclosed properties.
In Worcester, there were 46 sales of single-family homes in February, compared to 64 petitions to foreclose.
The REIT will also foreclose on the 145,000 square-foot 400 Madison Avenue, where the company is acquiring the first mortgage note of $36 million for $35.
Petitions to foreclose, the first step in the foreclosure process, do not always end in foreclosure, and The Warren Group, publisher of Banker and Tradesman, said foreclosure auctions and deeds declined slightly in September.
It would be irresponsible for the county Board of Supervisors to adopt a Ventura Freeway Corridor Areawide Plan that would foreclose efforts to improve east-west traffic circulation.
The recent rise in property repossessions could well be reflective of lenders' willingness to foreclose on delinquent loans more swiftly than before, but it is also a symptom of deteriorating quality of mortgages being originated,'' Nattagh said.
Number of Petitions to Foreclose Filed in First Three Quarter Eclipses All of 2006
BOSTON -- Delinquent mortgage payments in Massachusetts continued to plague the industry in February as the number of petitions to foreclose rose 92.
The attorney said either the building will come up with the money or the bank will foreclose on the property.