Buying A Foreclosed Home
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Meaning of Buying A Foreclosed Home
Buyingbuy (bī),USA pronunciation v., bought, buy•ing, n.
- to acquire the possession of, or the right to, by paying or promising to pay an equivalent, esp. in money;
- to acquire by exchange or concession: to buy favor with flattery.
- to hire or obtain the services of: The Yankees bought a new center fielder.
- to bribe: Most public officials cannot be bought.
- to be the monetary or purchasing equivalent of: Ten dollars buys less than it used to.
- [Chiefly Theol.]to redeem;
- [Cards.]to draw or be dealt (a card): He bought an ace.
- to accept or believe: I don't buy that explanation.
- to be deceived by: He bought the whole story.
- to be or become a purchaser.
- buy down, to lower or reduce (the mortgage interest rate) by means of a buy-down.
- buy in:
- to buy a supply of;
accumulate a stock of.
- to buy back one's own possession at an auction.
- to undertake a buy-in. Also, buy into.
- buy into, to purchase a share, interest, or membership in: They tried to buy into the club but were not accepted.
- buy it, [Slang.]to get killed: He bought it at Dunkirk.
- buy off, to get rid of (a claim, opposition, etc.) by payment;
purchase the noninterference of;
bribe: The corrupt official bought off those who might expose him.
- buy out, to secure all of (an owner or partner's) share or interest in an enterprise: She bought out an established pharmacist and is doing very well.
- buy up, to buy as much as one can of something or as much as is offered for sale: He bought up the last of the strawberries at the fruit market.
- an act or instance of buying.
- something bought or to be bought;
purchase: That coat was a sensible buy.
- a bargain: The couch was a real buy.
Foreclosedfore•close (fôr klōz′, fōr-),USA pronunciation v., -closed, -clos•ing.
- to deprive (a mortgagor or pledgor) of the right to redeem his or her property, esp. on failure to make payment on a mortgage when due, ownership of property then passing to the mortgagee.
- to take away the right to redeem (a mortgage or pledge).
- to shut out;
- to hinder or prevent, as from doing something.
- to establish an exclusive claim to.
- to close, settle, or answer beforehand.
- to foreclose a mortgage or pledge.
Homehome (hōm),USA pronunciation n., adj., adv., v., homed, hom•ing.
- a house, apartment, or other shelter that is the usual residence of a person, family, or household.
- the place in which one's domestic affections are centered.
- an institution for the homeless, sick, etc.: a nursing home.
- the dwelling place or retreat of an animal.
- the place or region where something is native or most common.
- any place of residence or refuge: a heavenly home.
- a person's native place or own country.
- (in games) the destination or goal.
- a principal base of operations or activities: The new stadium will be the home of the local football team.
- [Baseball.]See home plate.
- [Lacrosse.]one of three attack positions nearest the opposing goal.
- at home:
- in one's own house or place of residence.
- in one's own town or country.
- prepared or willing to receive social visits: Tell him I'm not at home. We are always at home to her.
- in a situation familiar to one;
at ease: She has a way of making everyone feel at home.
proficient: to be at home in the classics.
- played in one's hometown or on one's own grounds: The Yankees played two games at home and one away.
- of, pertaining to, or connected with one's home or country;
domestic: home products.
- principal or main: the corporation's home office.
- reaching the mark aimed at: a home thrust.
- played in a ball park, arena, or the like, that is or is assumed to be the center of operations of a team: The pitcher didn't lose a single home game all season.Cf. away (def. 14).
- to, toward, or at home: to go home.
to the heart: The truth of the accusation struck home.
- to the mark or point aimed at: He drove the point home.
- into the position desired;
perfectly or to the greatest possible extent: sails sheeted home.
- in the proper, stowed position: The anchor is home.
- toward its vessel: to bring the anchor home.
- bring home to, to make evident to;
clarify or emphasize for: The irrevocability of her decision was brought home to her.
- home and dry, having safely achieved one's goal.
- home free:
- assured of finishing, accomplishing, succeeding, etc.: If we can finish more than half the work today, we'll be home free.
- certain to be successfully finished, accomplished, secured, etc.: With most of the voters supporting it, the new law is home free.
- write home about, to comment especially on;
remark on: The town was nothing to write home about. His cooking is really something to write home about.
- to go or return home.
- (of guided missiles, aircraft, etc.) to proceed, esp. under control of an automatic aiming mechanism, toward a specified target, as a plane, missile, or location (often fol. by in on): The missile homed in on the target.
- to navigate toward a point by means of coordinates other than those given by altitudes.
- to have a home where specified;
- to bring or send home.
- to provide with a home.
- to direct, esp. under control of an automatic aiming device, toward an airport, target, etc.