In a short sale, you negotiate with your bank for them to get back less money than they loaned to you for the house. A bank might be open to a short sale if they think any loss from it will be less than what they will lose in the foreclosure process.

If you have lost your job, incurred a huge unexpected expense or are facing an uncertain economic future, and are behind mortgage payments, selling your home may be a great solution to avoid foreclosure.

No homeowner, on the signing day for a new home, imagines they will encounter a foreclosure.

Foreclosure; For many homeowners, there isn’t a scarier word than this.

When buying a home, the possibility of falling behind on mortgage payments normally is an afterthought.

Life sometimes brings floods — job loss, medical bills, divorce, or death. And on top of those floods might come thunder in the form of missed mortgage payments.

When facing foreclosure many individuals think that their options are limited. But unknown by the majority of individuals are the more uncommon ways to avoid a foreclosure on your home.

When facing a foreclosure isn’t a foregone conclusion if you find yourself in a financial quagmire.

Foreclosure is a scary term that can have lasting effects on any homeowner who has to go through it.