theforeclosures.com/ exists for two kinds of visitors: homeowners who have fallen behind and need to understand what happens next, and buyers and investors who want to understand how foreclosure sales really work before they bid. Everything here is written in plain English, organized around the actual stages of a foreclosure — default, pre-foreclosure, notice of sale, auction and bank-owned (REO) — with the deadlines and documents explained at each step.
If you are behind on your mortgage, start with the basics and your options. Time is the one resource foreclosure takes away, and most loss-mitigation options are only available early in the process.