Tuesday, May 06, 2008

* Knowing Foreclosure*

FORECLOSURE - such a big word to me. When it came to big word, best is to look it up and learn it. It might came in handy in times to come.

So, what is foreclosure? Well, according to wiki, Foreclosure is the legal proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor's equitable right of redemption. Normally it happens when we are not able to pay back the house loan due to some financial difficulty. Luckily, there's
foreclosure help that's provided by a certain company to help out those who need to save their home.