Frequently Asked Questions

The subject of how to avoid foreclosure is not too complicated if you understand the terms, the rules and  what is going on at the various levels. Also you need to understand the motivations, the goals and objectives of the various parties and players involved.  To make it easier for our website visitors, we address here some of the questions that are frequently asked, and others that should be!

• What exactly is a mortgage?
  
  A foreclosure happens when the holder of a mortgage against real estate goes through the formal legal process to exercise the rights of the mortgage holder under its terms, to take the underlying real estate in partial or full satisfaction of the lien against it. It is important to understand the terms, the parties and the rights involved. Here is a summary...
• What exactly is foreclosure?
  
  To avoid foreclosure we must first know exactly what foreclosure means. Let's look at meanings, results and implications.
• What Can You Do to Avoid Foreclosure?
  
  Generally speaking, what can a homeowner do to avoid foreclosure? Here's a working outline...