What does preforeclosure mean?
Preforeclosure means The stage at which preparations are made for foreclosure.
Preforeclosure
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Preforeclosure is a noun meaning The stage at which preparations are made for foreclosure.
Meaning
The stage at which preparations are made for foreclosure.
Example Sentences
Typically, owners who have missed three mortgage payments or more and whose lenders have filed suit are considered to be in preforeclosure.
Word Forms
- preforeclosures
Related Words
Related dictionary entries include foreclusion, predevelopment, forestage, presale, preconstruction, forepreparation.
Related Dictionary Tools
Frequently Asked Questions
How do you use preforeclosure in a sentence?
Typically, owners who have missed three mortgage payments or more and whose lenders have filed suit are considered to be in preforeclosure.
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.