With all today's economic problems, foreclosure rates are on the rise. With uncertain economic times ahead, having all the information about foreclosures is a necessity. ForeclosureHandbook.com is dedicated to providing an information source for those facing foreclosure, those wondering if foreclosure is right for them, and investors and home buyers taking advantage of foreclosure property listings.
Tipping points that put homeowners over the edge:
32% experience a job loss
25% experience a health crisis
85% have already missed one mortgage payment
50% have already missed two payments
Most have no savings, no available credit, and their extended families have limited resources.
Most have first-time loans, and most loans are less than three years old.
They may have already refinanced two or three times.
Homeownership Preservation Foundation data of 60,000 homeowners
Take a look at our resources to answer all your foreclosure questions!
Steps to Foreclosure
Strategic Foreclosure
Ways to Avoid Foreclosure
Buying a Foreclosure
Foreclosure Assistance
Foreclosure Statistics
Important Links