The investment glossary presents straight-forward definitions plus key related topics and links to other articles that should be of interest.
Seized property is property or real estate that is no longer in the possession of it's original owner. This can be as a result of repossession or foreclosure by a bank for non-payment of an outstanding mortgage or, by the authorities in the case of an investigation into the proceeds of a crime.
There can also be cases were a property can be seized because of a rightful ownership dispute due to the unauthorised occupation of a country or territory, for example Northern Cyprus.
ING Mortgage Seized Property US
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