anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who ...

As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?

DHCD Hot Spots data shows higher Baltimore County activity in Q3 2025 and a shift toward “Very High” severity events ...

If you’re falling behind on mortgage payments — or thinking about buying a distressed property — you may be wondering: What does pre-foreclosure mean? Simply put, pre-foreclosure is the early warning ...

Know and understand the six key steps.

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...

Pre-foreclosure vs. Foreclosure The pre-foreclosure phase begins when a loan servicer sends a borrower a notice of default. This typically happens after the borrower skips three mortgage payments in a ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

Selling pre-foreclosure is often the best option for distressed homeowners who don’t qualify for any loss mitigation programs, but those homeowners are understandably hesitant to choose that option ...

When you fall behind on mortgage payments, your lender may eventually take your home to recoup the loss. But that won’t happen right away. Lenders must follow a series of steps that start with ...

Foreclosure starts — which is when the first public foreclosure notice happens — have reached pre-pandemic levels nationwide, with lenders starting the foreclosure process on 23,952 US properties in ...