Paris-Henry County, Tennessee. You might think we are big â Kentucky Lake, the largest manmade lake in the Southeast, a big catfish on a pole, the Worldâs Biggest Fish Fry, big smiles, big hearts that volunteer to help one another and raise over $200,000 a year for local charities selling homemade pies and casseroles.
DEFINITION of 'Pre-Foreclosure' Pre-foreclosure refers to the state of a property that is in the early stages of being repossessed due to the property owner's inability to pay an outstanding mortgage obligation.
Hi, What does pre-foreclosure mean? I know it means that the home is going into foreclosure but does it mean the bank owns it and the seller has already moved? Or does it mean the seller still owns it and the seller is trying to sell the home before it goes into foreclosure? Thanks! It means it's well on it's way to foreclosure but the seller is trying to sell before it is foreclosed on.