Aaron Campbell  Phone: (317) 506-0886 Email: acampbell@spectrummtg.net
              John M. Dearth  Phone: (317) 506-3346              Email: jdearth@spectrummtg.net

What is Foreclosure?

It's when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.