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.
What Does a Pre-Foreclosure Notice of Default (NOD) Mean? While the foreclosure process might differ slightly from state to state, especially when it comes to the exact number of days that it takes to proceed from one step to the next, the legal requirements of how the lender must proceed are fairly uniform.