The F-word is an awful word. It’s something you definitely want to avoid. We’re talking about foreclosure of course. There are a few different ways foreclosure can happen, but generally, foreclosure occurs when the lender takes possession of your home and auctions it off because you have fallen behind on mortgage payments. In short, foreclosure means you lose your home. Fortunately, when you are faced with foreclosure, there are a number of options available to you that may allow you to keep your home. Here’s a look at a few of them.
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