Understanding the Foreclosure Process

Knowledge is power, they say, and the sooner you learn about the foreclosure process the sooner you’ll prosper. Whether you’re a potential buyer considering a foreclosed property or a homeowner facing foreclosure, understanding the foreclosure process leads to smart, informed decisions.
Since the steps in the foreclosure process vary little from location to location, the foreclosure process is pretty straightforward. Still, there are important differences in state and local foreclosure laws. It’s a