How to Prevent Foreclosure?

The simplest way to prevent foreclosure is to make your property payments in a timely manner. When this is not possible and you fall behind in payments, it is a default of the mortgage and your lender does have the right to take the property from you. If this happens, it is best to speak to your lender to see if there are any options open to you, by the lender. Your only other option would be to borrow the money you owe from friends or family (not a very good move).