Foreclosure is the legal process whereby a mortgage company takes your home back from you and sells it to recoup the money they loaned to you.? Many of our clients fear that once they have missed payments, their house will be immediately taken back by the bank and the sheriff will show up on their doorstep.

In some instances, it can be smart to combine a home equity line of credit, home equity loan, or second mortgage with your primary mortgage in a refinance. This allows you to get a better rate on the debt and possibly to pay it down faster.

Pay the payments on time.

Make your payments on time.