Frequently Asked Questions About Foreclosure Solutions
We understand that facing foreclosure can be overwhelming, and you probably have a lot of questions. Below, we’ve put together some of the most common questions homeowners in Kansas City ask us about their options. If you still have questions, feel free to contact us anytime—we’re happy to help.
Q: Can I stop foreclosure once the process has started?
A: In many cases, yes. The sooner you take action, the more options you have. Some possible ways to stop foreclosure include:
- Selling the home before the auction to pay off the debt and avoid a foreclosure record.
We help homeowners explore all available options to determine what’s best for their situation. - Negotiating with your lender for a loan modification, forbearance, or repayment plan.
- Filing for bankruptcy (in some cases, this may temporarily stop foreclosure—see a qualified attorney for legal advice).
Q: Can you help me negotiate with my lender?
A: Yes! Many homeowners don’t realize that lenders may be willing to work with them, but the process can be confusing and time-sensitive. We help communicate with lenders, request extensions, and explore ways to modify your loan or postpone foreclosure.
Q: What happens if my home is already scheduled for auction?
A: If your foreclosure auction date is approaching, time is critical. Depending on your circumstances, there may still be ways to delay or stop the auction, including loan modifications, bankruptcy filings (consult an attorney), or selling the home before the auction date. We can help you act quickly to explore your best options.
Q: Should I file for bankruptcy to stop foreclosure?
A: Filing for bankruptcy may temporarily halt foreclosure, but it’s not a guaranteed long-term solution. Chapter 13 bankruptcy could allow you to restructure your debt and stay in your home, while Chapter 7 could delay the process but may result in losing the property.
💡 Disclaimer: We are not attorneys, and this is not legal advice. If you’re considering bankruptcy, we recommend consulting with a qualified bankruptcy attorney to understand your options.
Not sure what the best path forward is? Download our FREE guide to explore the pros and cons of all your options, including working with your lender on loan modifications or forbearance, selling your home through a traditional listing, FSBO, or a direct sale, and understanding the costs, timelines, and credit impact of foreclosure.
Q: What if I want to keep my home?
A: If your goal is to stay in your home, we can help explore options such as:
- Repayment plans – Working with your lender to catch up on missed payments over time.
Each lender has different requirements, and we can help navigate the process with you. - Loan modification – Adjusting your mortgage terms to make payments more manageable.
- Forbearance – Temporarily pausing or reducing your mortgage payments.
Q: What if I don’t want to or can’t keep my home?
A: If staying in your home isn’t an option, there are still ways to avoid foreclosure and minimize damage to your credit, such as:
- Deed in lieu of foreclosure – Transferring ownership back to the lender to satisfy the debt.
- Selling before foreclosure – This can allow you to pay off your mortgage and avoid foreclosure on your record.
- Short sale – If you owe more than your home is worth, your lender may agree to accept less than the full balance.
Q: How does selling my home help me avoid foreclosure?
A: If selling is the best option, doing so before the foreclosure auction can allow you to:
✔ Pay off your mortgage and avoid a foreclosure record.
✔ Potentially walk away with cash instead of losing your home to the bank.
✔ Prevent long-term credit damage, making it easier to qualify for future housing and financing.
Unlike traditional listings that take time, we can move quickly if selling is the right option.
Q: Are there any fees to work with you?
A: No. We provide free consultations to help homeowners review their foreclosure options. If selling is the best choice, there are no commissions, no fees, and no hidden costs.
Q: How do I get started?
A: The first step is to reach out for a free, no-pressure consultation. We’ll review your situation, explain all your options, and help you make an informed decision. There’s no obligation—just real answers and guidance.
Still Have Questions? Let’s Talk.
Foreclosure is stressful, but you don’t have to go through it alone. Contact us today for a free consultation to discuss your options and take the next step toward financial relief.
📞 Call us at (816) 327-2887 or fill out the form below to get started.