Have you heard that preforeclosure rates are still going up? Many of the larger non-prime lending businesses in the US and all over the world are looking at this same challenge. For example, Wells Fargo, Bank of America, US Bank, and also smaller banks banks have noticed an advance in owners going into preforeclosure. That of concern number is worth note for many reasons. Yet, as someone looking at foreclosure, one wants to take into deliberation how the process functions and to really understand where one can get into it and sell, save from foreclosure, or buy a house.