For a deal that is winning money, it is not as easy to make a deal as it is to make plans to deal with the loss of money. There are many possibilities. Edwards and bell's point of view The truth about foreclosures is That NO ONE wants one. You, the homeowner, obviously don't want to loose your own home to a foreclosure. The bank actually does not desire to foreclose. The bank will not have anything to gain by foreclosing on your own home. As a result of foreclosed the bank finds itself which has a home it does not want, a property it may ought to engage a "trash-out" plan to clean, a property it must sell. Even when the lending company does sell a foreclosed home it might loose funds on the sale of the home. About the only person who benefits from a foreclosure will be the "trash-out" service.