foreclose in a sentence
v. t.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
To foreclose means to take possession of a property due to the owner's failure to meet mortgage payment obligations.
Crossword clues for foreclose
Crossword clue ideas and answer hints for the word "foreclose".
- Seize property for unpaid loans.
- End a mortgage agreement legally.
- Take back a home from the owner.
- Terminate the right to claim property.
- Repossess due to financial default.
Foreclose sentence examples
- The bank decided to foreclose on the property after the homeowner missed several mortgage payments.
- Many families were distressed when they received notices that their homes were about to be foreclosed.
- She worked tirelessly to negotiate a settlement to avoid having her house foreclosed.
- The rising interest rates led to an increase in the number of homes being foreclosed in the area.
- After months of financial struggles, he reluctantly accepted that he might have to foreclose on his business.