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.
How Long Does a House Foreclosure Stay on Your Credit Record? Foreclosure begins when you receive a notice of default in the mail from 60 to 90 days after you fall behind on your mortgage payments. Foreclosure can have a damaging impact on your life and result in the loss of your home.