What is a Mortgage Foreclosure?

A mortgage foreclosure is the forced sale of property pledged as security for a debt that is in default.

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1. What is a Mortgage Foreclosure?
2. What is a Tax Foreclosure?
3. When and where is the foreclosure sale conducted?
4. Can anyone bid on a foreclosure?
5. What types of funds are necessary to bid at the sale?
6. How can I be sure that a foreclosed property has a clear title?
7. Where may I obtain a copy of a notices or list of Mortgage Foreclosures?
8. When is the GIS foreclosure map updated?
9. Is there a redemption period on a Tax Foreclosure?
10. Where can I find information regarding the sale of Tax Certificates?