Foreclosure?

Question:

Answer:
If you're looking on advice on how to avoid foreclosure, try this website:

http://www.avoidf.com

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huh?

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This happens when a home owner does not pay their mortgage. The bank has the right to sell the property to get back their investment (the money they lent the home owner) this is usually done via a foreclosure auction.

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If you have 65% of equity in the house, talk to a mortgage broker about a foreclosure bailout.

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This is the process the bank / lender will use to take back the home due to non payment.

Here is some additional info. Hope this helps.

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