The reason why a house goes into foreclosure is if the mortgage on the house is not paid. If your home is about to go into foreclosure or you are a few days late on your mortgage, there are some things you can do to keep your home out of foreclosure. One thing you can do to keep out of foreclosure is contact the bank that holds the mortgage. It is unlikely but it is not impossible for the bank that holds the mortgage to work out a payment plan or even put a hold on payments for a few months. This may be a small chance but it is worth giving this a try. http://realestatefacttips.blogspot.com/2009/09/keeping-your-home-out-of-foreclosure.html
