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.
It looks like you have an eye on a house that's currently in the foreclosure process. Typically there is a six month redemption period after the sheriffaâ¬â¢sheriffÃ¢ s. Sale after, that it will most likely take-2 3 mos after the redemption deadline for the bank to put it on the. market