Foreclosure actually is a process, it doesn’t happen over night and even though action has been taken against you, lenders do have required steps that they must follow. As a homeowner you still have the power to either stop the foreclosure or at least minimize some of the costs and fees you are going to incur whether you end up keeping the house or not. But time is of the essence and the faster you take action, the more options that are available to you and the more equity you can save. Learn more on our website of http://www.soldforcash.ca