Avoiding Foreclosure as a Homeowner

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First, Take a Deep Breath

You’re not alone. Many homeowners fall behind on payments — life happens. The good news? You have options and time to act.

🧾 What Is Foreclosure?

Foreclosure is when the bank takes legal action to repossess a property after missed mortgage payments. But it’s a process, not a one-day even

📅 A Typical Timeline Looks Like This

  1. Missed Payments- You will get letters and phone calls from the lender.

  2. Notice of Default (varies by state) A formal warning is issued

  3. Pre-Foreclosure Period You still own the home and can sell it

  4. Auction / Sale Date Once set, you may only have weeks to stop the process

🔄 Your Options to Avoid Foreclosure:

  • Catch Up On Payments – If possible, call your lender

  • Loan Modification – Change your terms

  • Sell to Avoid Auction – We can help with this

  • Short Sale – If you owe more than your home is worth

  • Deed in Lieu – Transfer the home back to the bank

The fastest way to avoid foreclosure: Sell the home before the auction and use the proceeds to pay off the mortgage

🏡 How We Can Help

  • We work with homeowners every day who are behind on payments

  • We can make a cash offer fast — often within 24 hours

  • We handle the paperwork and work with the title company

  • You stay in control and avoid having foreclosure on your record

💬 Let’s Talk — No Pressure