Any person who is not smart in choosing the kind of financing to buy their homes can be greatly in trouble. If one has miscalculated his or her budget, they can be at risk for foreclosure in the future. And this is one thing you want to avoid because it is messy, disappointing and tragic. In just a snap of the finger, your mortgage can turn upside down if you do not do something about it in the early phase of the trouble. That is why in home buying with mortgage, one should be able to recognize the early signs of troubles. Doing so will give you more time to think what to do to escape foreclosure.