Avoiding foreclosure
You have more options than you think
You aren't the first person to go through a foreclosure, and you won't be the last. So don't feel ashamed — it happens. The best thing you can do right now is understand your options.
“List my house for sale”
- Have 4–6 months? Listing may put more in your pocket
- Save your credit from the wreckage of a foreclosure
- See if your situation qualifies
“Get a fair cash offer today”
- Let us know about your situation and your house
- We'll evaluate it quickly — usually within 48 hours
- You'll receive a fair win-win all-cash offer
Want to stop foreclosure now?
What actually happens, and where you can still act
For some people, selling the home is the best option — we'll make a fair all-cash offer on your house today. Sometimes we're able to help homeowners stop foreclosure completely. And sometimes the right answer has nothing to do with us at all.
The one thing that never helps is waiting. Almost every option available to you gets narrower as the auction date gets closer, so the earlier you look at this, the more choices you have.
Talk to a free HUD-approved counselor
This costs nothing and they are not trying to buy your house. They can review your situation, contact your lender on your behalf, and explain the programs you may qualify for.
Find a HUD counselorAsk your lender about loss mitigation
Forbearance, a repayment plan, or a loan modification may be available — particularly if the hardship was temporary and you can document it. Lenders generally prefer this to foreclosing.
Sell before the auction date
If there is equity in the house, selling it — to us or to anyone — is almost always better than letting it go to auction. A foreclosure stays on your credit for seven years and you lose whatever equity was left.
A word of caution. Foreclosure lists are public, which means distressed homeowners get targeted. Be wary of anyone asking for an upfront fee, anyone who wants you to sign over the deed while staying in the house, and anyone who will not close at a reputable title company.
Let us look at your situation
We'll evaluate it quickly — usually within 48 hours — and tell you honestly what we think your options are.
Would rather just talk?
713-730-9000The sooner you look at this, the more options you have
Tell us what's going on. We'll give you a straight answer about whether we can help — and if we can't, we'll tell you who can.