FAQs
Questions? We've Got You.
Whether you’re just falling behind or already in foreclosure, you’re not the first — and you’re definitely not alone. These are the most common questions we hear from people just like you. Don’t see yours here? Contact us — we’ll walk you through it.
General
What is Foreclosure?
Foreclosure is when the lender takes back your home because of missed mortgage payments. It’s a legal process that can lead to the home being sold at auction.
Who is the Lender?
The lender is the bank or mortgage company that gave you the loan to buy your home. You make your monthly payments to them.
What are my options if I’m in foreclosure?
Most people have at least three options:
- Try to keep the home by working with the lender
- Sell the home before it goes to auction
- Sign it back to the lender
We help you figure out which one fits your situation best.
Can I stay in my home during the process?
Yes — foreclosure is a process, not an eviction. You often have time to explore your options and act before anything happens.
Is it too late if I got a foreclosure notice?
Not always. You may still be able to stop the foreclosure, sell the home, or reduce what you owe. The sooner you act, the more options you have.
Service Specific
Do you charge for your help?
Our first consultation is always free. We only move forward when you’re comfortable, and we’ll explain any fees or commissions clearly before you agree to anything.
How do you help me keep my home?
We work with your lender to request forbearance, repayment plans, or loan modification — and we help you present your case the right way.
Can I sell my home while in foreclosure?
Yes. We help you sell fast — even if you’re behind or the home needs work — and we negotiate with your lender to minimize damage to your credit or remaining debt.
What is a Deed-in-Lieu?
It’s when you hand the home back to the lender instead of going through foreclosure. This can protect your credit and help you move on faster.
What’s a short sale?
A short sale is when the lender agrees to let you sell the home for less than what you owe. We handle the negotiation and paperwork for you.
Credit & Legal Impact
Will foreclosure ruin my credit?
It can hurt your credit, yes — but the impact depends on how far along you are in the process and what actions you take. Selling or negotiating may reduce the damage.
Will I owe money after a foreclosure or short sale?
Sometimes. That’s why we work hard to negotiate forgiveness of the remaining balance whenever possible — especially in short sales or deed-in-lieu agreements.
How long does foreclosure stay on my credit report?
Usually up to 7 years. But with the right help and steps, you can start rebuilding much sooner.
Can I buy another home later?
Yes, many people do. Foreclosure is a setback, not the end of the road. We’ll even connect you with credit repair partners if you want a fresh start.
Still Not Sure Where to Start?
That’s okay — most people don’t know the full picture until they talk to someone.