What is Pre-foreclosure

If your house is in pre-foreclosure, it means that you have fallen behind on your mortgage payments and the lender has initiated the process of repossessing your home. This is a serious situation, but there are steps you can take to try and avoid losing your home.

First, you should contact your lender as soon as possible to discuss your situation and try to come up with a plan to catch up on your missed payments. This may involve negotiating a payment plan, refinancing your mortgage, or applying for a loan modification.

You should also consider seeking the advice of a housing counselor or a lawyer who can help you understand your options and make the best decisions for your situation.

It's important to act quickly and take decisive action to try and save your home. The longer you wait, the harder it will be to avoid foreclosure.