Foreclosure 101: A Foreclosure Process Introduction

Foreclosure 101

Foreclosure can become a drawn out process.

Because the foreclosure process differs to some extent from state to state, it is a good idea to consult your state’s particular foreclosure laws. In fact, if you are worried about having your home foreclosed on, it is probably a good idea to meet with an accredited financial adviser or foreclosure attorney. Even if you are not a homeowner, or you do own a home but do not have any issues making your mortgage payments, it is still good to have an understanding of how the foreclosure process works. Continue reading