If keeping the home is not the right path, there are structured alternatives that protect your credit and your future.
Reality Check
Understanding your real options is not giving up. It is making a strategic decision.
Exit Strategies
If your home is worth less than what you owe, a short sale allows you to sell the property for less than the outstanding balance — with lender approval. This avoids foreclosure on your record and may eliminate the remaining debt.
You voluntarily transfer ownership of the property to the lender in exchange for release from the mortgage obligation. Less damaging to credit than a full foreclosure and typically faster to resolve.
If you have equity in the property, selling quickly to a cash buyer can stop foreclosure proceedings, pay off the loan, and put money in your pocket — even in a distressed timeline.
A temporary pause or reduction in mortgage payments while you recover financially. This is not a permanent solution, but it can buy time to stabilize income and explore longer-term options.
MVP is an intelligent AI assistant that analyzes your complete situation in real-time — scoring urgency, modeling bank decisions, and generating a fully personalized strategy based on your lender, loan type, and hardship profile.
🎯 Early Bird Pricing Available
Special rate for first 50–100 buyers
You need to resolve the situation quickly — within weeks
Your income is unlikely to recover enough to sustain any payment
You want to protect your credit as much as possible
You are ready to move on and start fresh somewhere else
Important: Each of these options has specific eligibility requirements, tax implications, and credit consequences. This page provides general educational information only. Before pursuing any of these paths, we strongly recommend consulting with a HUD-approved housing counselor (free service) or a qualified real estate attorney.