- Avoid Foreclosure
- Get Help
- Find Resources
A homeowner promises to pay down past-due amounts on a mortgage over a specified time period while still making regular monthly payments.
The process in which a mortgage company works with a delinquent homeowner to sell the house by a real estate agent prior to the foreclosure sale. The sale price is less than what is owed on the mortgage.
The documented evidence that a person or organization has ownership of real property.
The transfer of title from a homeowner to the mortgage company to satisfy the mortgage debt and avoid foreclosure; also called a "Deed-in-Lieu of Foreclosure."
Options to resolve or restructure a loan or prevent someone from going into foreclosure.
A property not considered to be a primary residence that is purchased by an investor in order to generate income, gain profit from reselling or to gain tax benefits.