
Foreclose
Legal Process
Foreclosing is not instant; it involves lengthy legal proceedings to reclaim a property.
The foreclosure on the farm will take several months of legal procedures.
Financial Trouble
Using 'foreclose' suggests that someone failed to meet financial obligations, like a loan.
If we don't pay the mortgage, the bank could foreclose our house.
Negative Outcome
'Foreclose' typically implies a distressing or undesirable situation for the property owner.
The small business owner faced foreclosure after the economic downturn.