Foreclosure is a big problem in our society today and it affects families of all social classes. Across the country, different families may be realizing that owning a home or even renting a home is no longer as easy as it once was. Foreclosure as it exists today is a problem caused by individuals and society as a whole. The fault cannot be placed on one party alone. For our country to emerge from this foreclosure crisis, there must be a change in our thinking and in our daily decisions. People need to learn more about the pros and cons of foreclosure before deciding to become a homeowner. Many mortgagors are so eager to make a profit that they neglect to provide lenders with all the information they need before purchasing a home. Lenders, on the other hand, because of their excitement about becoming a home owner, don't ask mortgagors the right questions and end up buying homes without the right information. In order to solve the problem of foreclosures, we need to get to the roots of the problem by educating people on what they should do before and after purchasing their home. One thing we as a society need to do is investigate the reasons why foreclosures happen. to many people. One of the reasons is that people are unable to make wise decisions when it comes to getting a house and the fact is that they don't do their research well. Couples eager to purchase a home don't pay enough attention to all the information they need to purchase the home, creating problems for themselves later. Anyone buying a home should be sure to read the fine print before signing any papers. We all need to start reading and understanding the details of different mortgages so we know what rights, benefits,...... middle of paper ......e reasons. The best way to learn is to listen to those who have already had certain experiences and implement their lessons into our lives. If we know what can lead us to seizure, we can also learn to avoid it, but if we go into it blindly, we tend to learn the hard way and come away with more regrets. Anyone buying a home should learn some methods that can make payments easier, what to do when money starts to run low, and different ways to save money so you can make payments on time. Again, it is very important that home buyers read the fine print and know what they are getting into before signing the papers. Do your research, find a home that meets your needs, and make sure you have a home you can take care of. I believe that by mentally preparing ourselves, we will go a long way in reducing foreclosure rates in our country..