Foreclosure

What is foreclosure?
Foreclosure is when the bank takes your home from you. You will have to move out. And the bank sells your house at an auction. This can happen if you do not pay your mortgage.

What if I miss a mortgage payment?
The bank can start foreclosure. Usually the bank will not start foreclosure for one missed payment, but it could.

If you are having trouble paying your mortgage, get help now. These agencies can tell you what to do.