There's no question about it: nationwide foreclosures are up, particularly in Nevada, California, Arizona, Michigan, Florida and Colorado. Although we can be grateful that the Lone Star State is not currently near the top of this list, there are Texans facing foreclosure. No one buys a home with the intention of falling behind on payments and facing foreclosure proceedings, yet it happens. Even when the nationwide picture is much rosier than it is today, some homeowners find themselves in this unenviable position. Here are a few tips to avoid this scenario, and what to do if it occurs. Don't set yourself up for failure There are two main ways to lessen the likelihood of foreclosure before you're even in the house. First, don't put yourself in a situation where you won't be able to affo...
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