During foreclosure, the owner is at its very vulnerable state. In order to avoid foreclosure he will be doing things not really thought about. Here are several precautions as prevention is always better than cure.

1. Make sure that you fully understand documents you will sign.
2. Make sure you get all commitments or agreements in writing.
3. Check with a lawyer or your mortgage company before entering into any deal involving your home. 
4. If you're selling the house yourself to avoid foreclosure, check the track record of the prospective buyer if there are any complaints or negative feedback against the buyer. You can get information from the offices of the state's Attorney General, the State Real Estate Commission, or the local District Attorney's Consumer Fraud Unit for this type of information.

Then make sure that you…

1. Don't lose your home and damage your credit history. Make sure you will maintain your good credit standing by avoiding foreclosure.
2. Inform your mortgage lender immediately and tell him/her about your financial situation to see if they can help. 
3. Stay in your home to make sure you qualify for assistance, if available. 
4. Arrange an appointment with a housing counselor or a real estate agent who can give you advice.
5. Cooperate with the counselor or lender trying to help you. 
6. Explore every alternative to keep your home. 
7. Beware of scams. 
8. Do not sign anything you don't understand. 
9. Contact an investor through www.IBuyHouses.com, who may be able to buy your house in days and stop the foreclosure immediately.

Avoid delay. Procrastination can't help. You may lose your home and your good credit rating if nothing is done. ACT NOW!

Aside from the cut backs in prices, sellers give lots of incentives to buyers making the net proceeds from sale less.

Demand for homes is affected by the job creation in the community or nearby areas. If there are no jobs being created, most probably demand for houses will not improve. So job creation, together with population growth can help boost demand for houses.

Also, for people who are relocating to avoid congestion or rising housing and insurance costs, they delay the purchase of a new house as they have not yet sold their homes.

Now, it is spring, we should be expecting the demand to go up but with the high inventories of homes for sale, buyers can still have the luxury of time and still have plenty of choices.

Some sellers who don’t need to sell fast can just put off the property from the market. They can just offer the property for rent or lease as others are doing.