Owning a home is a dream that many families in San Diego entertain. Once they are able to save up enough money to make a down payment on the home of their wishes, it may seem as though their challenges related to homeownership are over. Although some people are able to keep up with their mortgage payments and retain the residences that they worked hard to purchase, others are unable to make their monthly payments and risk losing their homes to foreclosure.
Previous posts here discussed foreclosure and how it may happen. Previous posts have also touched on some of the ways that a person may stop the foreclosure process. Some of our readers may want to learn more about how to rid themselves of the homes that they can no longer afford before the foreclosure process starts: this process is known as a pre-foreclosure sale.