Avoiding Foreclosure
Behind on payments? You have more options than you might think, and the sooner you act, the more of them you keep.
Your options
Foreclosure can damage your credit for years. Before it gets that far, consider these paths:
- Talk to your lender. Ask about a repayment plan, forbearance or a loan modification.
- Get free housing counseling. HUD-approved counselors can review your situation at no cost.
- Refinance or borrow from family to catch up, if that's realistic.
- Sell the house before the foreclosure is completed, pay off the loan and keep any remaining equity.
How a fast cash sale can help
A traditional listing often takes too long when you're facing a deadline. Because we pay cash, we can often close in as little as 7 days, pay off your loan at closing, and help you move on with your credit in better shape than after a foreclosure.
Every situation is different, and we'll tell you honestly if selling to us isn't your best option. This page is general information, not legal or financial advice.
See if we can help
Tell us about the property and your timeline.