Foreclosure is a legal procedure that may be used by a lender if a homeowner (the mortgage holder) fails to make mortgage payments, usually resulting in a forced sale of the property. Click on the links below to learn more about the foreclosure process, including tips on avoiding foreclosure.

Foreclosure Basics:
• What is Foreclosure?
• Types of Foreclosure: By Judicial Sale
• Types of Foreclosure: By Power of Sale
• Foreclosure FAQs
• Federal Laws Affecting Foreclosure

State-Specific Information on Foreclosure

Foreclosure Avoidance and Alternatives:
• Introduction: How to Avoid Foreclosure
• If You Are Behind on Your Mortgage Payments
• Contacting Your Loan Servicer
• Housing and Credit Counseling
• Alternatives to Foreclosure
• What are "Anti-Deficiency" Laws?
• Regaining Ownership After Foreclosure: Statutory Redemption

Foreclosure Scams:
• Watch Out for Foreclosure Scams
• Bankruptcy Foreclosure Scams

Related Topics:
• Mortgages and Loans