Open Question: Can you stop foreclosure on a house after the foreclosing date has been set?

I'm 25 and my husband and I are thinking of buying our first home and I am so stressed about it- you wouldn't believe how nerve wrecking this is. It's probably the biggest purchase we'll ever make and I'm worried that it's not the best decision. My husband makes $35,000 a year and I make about $10,000 (I work part time). I won't graduate college until May so I'm not in a "career" yet. The houses we're looking for are in the $90,000- $110,000 range. Is that aiming to high? I work at a bank so we'll get a great mortgage rate. We only have $5000 for a down payment but we also have no debt.

I'm just worried about what if we lose our jobs, what if buying a house is a mistake, all of the upkeep on the house, etc. It just seems so final whereas an apartment is not.

Is buying a home a bad idea? Is it a good thing? Why am I so nervous and scared about it?? Is it normal to feel this way?

Open Question: Is buying a house a good idea? Is it a good investment? Why am I so stressed about it?

I'm 25 and my husband and I are thinking of buying our first home and I am so stressed about it- you wouldn't believe how nerve wrecking this is. It's probably the biggest purchase we'll ever make and I'm worried that it's not the best decision. My husband makes $35,000 a year and I make about $10,000 (I work part time). I won't graduate college until May so I'm not in a "career" yet. The houses we're looking for are in the $90,000- $110,000 range. Is that aiming to high? I work at a bank so we'll get a great mortgage rate. We only have $5000 for a down payment but we also have no debt.

I'm just worried about what if we lose our jobs, what if buying a house is a mistake, all of the upkeep on the house, etc. It just seems so final whereas an apartment is not.

Is buying a home a bad idea? Is it a good thing? Why am I so nervous and scared about it?? Is it normal to feel this way? When I graduate in May, my income will be around $35000/ yr.

Open Question: Can you stop foreclosure on a house after the foreclosing date has been set?

The bank is foreclosing on my relative's house in 3 weeks. The thing is that he is older and left the state for a long vacation without making arrangements for paying his mortgage.

He's back now and has the money to pay everything that is owed. Can he still fork over the payment and avoid foreclosure? Or is foreclosing inevitable once the process starts? What can he do?

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