If you start receiving spouse's benefits at age 62, your monthly benefit amount is reduced to about 32.5 percent of the amount your spouse would receive if their benefits started at full retirement age. 67 is 50 percent (the maximum benefit amount). Age To Receive Full Social Security Benefits.
If there are many foreclosure homes available at one time, a buyer's market may form, resulting in lower sale prices. In 2013, foreclosed California homes spent about 34 months or nearly three years in shadow inventory before they were sold, according to the Inman News real estate website.
Misconceptions. Homeowners sometimes make the mistake of thinking they may stay in the home, but that is not the case. After the redemption period expires, which varies from state to state but is usually around 90 days, a sale date is set. The homeowner now has 30 days before his home sells at auction.