Confidential help

Facing foreclosure? You have options.

Behind on payments or received a notice? Don't panic. The sooner you act, the more options you have, and every conversation is confidential.

Your options

Every situation is different. These are the most common ways homeowners avoid foreclosure.

If you have equity, selling before foreclosure can protect your credit, keep the equity you've built and let you leave on your own terms.

Owe more than it's worth? With lender approval you may sell for less than you owe, which is usually less damaging to your credit than foreclosure.

Your lender may agree to change your loan terms so payments are affordable and you keep your home.

Need to move fast? A cash sale can close quickly with no repairs. Learn about cash offers →

Voluntarily transfer the home to the lender to avoid formal foreclosure. Requires lender approval.

HUD offers free foreclosure prevention counseling: 1-800-569-4287 or HUD.gov.

Dustin is a Realtor, not an attorney or financial advisor. For legal or tax questions about your situation, talk to a qualified professional.

Time is critical

Timelines vary by state and lender, but acting early keeps the most doors open.

Late notices arrive. This is the best time to act.

Official notice that foreclosure proceedings are starting. Options begin to narrow.

An auction date is set. Time is short, but options can still exist.

The home is sold at auction. Some states, including Minnesota, have a redemption period afterward.

Tell Dustin a little about your situation and he'll reach out within 24 hours to talk through your options. No pressure, no judgment.