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2. Newport News, Virginia - Wikipedia

   en.wikipedia.org/wiki/Newport_News,_Virginia

   Newport News ( / ˌnuːpɔːrt -, - pərt -/) [ 6 ] is an independent city in southeastern Virginia, United States. At the 2020 census, the population was 186,247. [ 5 ] Located in the Hampton Roads region, it is the fifth-most populous city in Virginia and 140th-most populous city in the United States. The city is at the southeastern end of ...

3. Deed in lieu of foreclosure - Wikipedia

   en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

   Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...

4. Government auction - Wikipedia

   en.wikipedia.org/wiki/Government_auction

   Private electronic market. Software. v. t. e. A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority. [ 1][ 2][ 3]

5. Bargain and sale deed - Wikipedia

   en.wikipedia.org/wiki/Bargain_and_sale_deed

   Under the statute of uses, modern real property law disregards this subtle distinction. [citation needed] A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees. [citation needed] The fact that it comes without any warranties from the government means ...

6. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [ 1][ 2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

7. Sheriffs in the United States - Wikipedia

   en.wikipedia.org/wiki/Sheriffs_in_the_United_States

   The sheriff also carries out evictions and conducts auction sales of real property in foreclosure and seizures of personal property (chattel) to satisfy a judgment. The Philadelphia Sheriff's Department has indicated its intention to carry out community law-enforcement while continuing its statutory duties. [80]