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.
In general, a representative of the bank at the auction will also step (set foot) on the property to start the three year period for foreclosure by entry. âForeclosure by entryâ is different way to foreclose in Massachusetts. In this crisis, lenders frequently end up buying the property back themselves or selling it to another lender rather than to private investors or new owner-occupants: most banks are unwilling to accept a low private bid.