In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a "foreclosure" on their property.  In today's market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears.  Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure.   What is Foreclosure?  Foreclosures are laborious, grueling and costly to... [read more]