The lawyer will send a letter informing the owners that

 if they do not pay what is the excellent, the borrower

 will be forced to begin a foreclosure proceed.

The lender can also request a trustee sale or tribunal

foreclosure, where the property is sold at

public auction.

The houseowners can still avoid foreclosure at this time

by making the loan payments the current and paying all

 overdue amounts after the consider of the default

 has been recorded.

This is called the right of maintenance.

The last date for the money outstanding to be brought up to

 date and paid is called the treatment history .that is

 usually no later than a some days before the

 property's impending sale.

If the homeowner cannot make these period payments,

 the foreclosed properties i often sold at a real estate

 auction or trustee sale, where it is sold

 to the highest bidder.