1. Contact your lender Immediately! If you have you received a “notice of default,” you need to move FAST! The first and best thing is to contact your lender immediately! Don’t wait! More likely than not, your lender will work with you. Contrary to popular belief, banks DO NOT want to take your home, they just want to get paid. It’s a drain on them, so they will work with you!
2. Loan Modification. Ask your lender if they will do a loan modification, which they are legally required to offer in most states. While this is common, you’ll typically have to show a financial hardship. We have seen lenders extend terms, reduce interest rates, or other methods to get the payment reduced to make it possible for you to keep your home. Other ways a lender might work with you is through Forbearance, Payment Deferral, or set up a repayment plan for any past due amounts.
3. Talk to an attorney. A good bankruptcy attorney can help legally postpone the process. It may not stop it, but it can give you additional time to get other things sorted out.
4. Sell your house – this is where we can help. While you are most likely emotionally attached to your home, and we get it, you can always start a new chapter with a new house down the road. And if you move quickly, it’s possible to avoid foreclosure altogether, rebuild your credit quicker, and recover some of the equity in your home. While listing with a Realtor and selling on the MLS is the traditional method, if you sell to us directly, we can offer you the following advantages:
   • We buy “as-is,” so there are no repairs required!
   • We pay cash. No financing contingencies. No realtor commissions. Quicker, smoother, and often saving you money in the long run.
   • Fast Close. We can fit your time frame and typically close before any scheduled auction.
5. EquityAlly Solution: Have you exhausted all your options and are out of time? This, quite possibly, is where we can help. Our EquityAlly solution has helped a number of homeowners in similar situations, and just might work for you. Give us a call to see if this works for you.
6. Click the button below to have a conversation.

**The information provided on this platform is for general informational purposes only and does not constitute legal advice. It is not intended to create, and receipt of it does not constitute, an attorney-client relationship. You should not act upon any information provided without seeking professional legal counsel tailored to your specific situation. We recommend consulting with a qualified attorney for advice on any particular housing matter.