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Behind on payments & foreclosure

Behind on payments? You have more options, and more time, than you think.

If the letters and the calls have started, take a breath. Acting early gives you real choices, and many of them don't end with losing your home. Below are your options, laid out plainly, including the ones that have nothing to do with selling to us.

Matthew and Marisa Larkin, the local family ready to talk through your options if you are behind on payments.
Marisa & Matthew Larkin, here to talk it through
Free and private
No pressure, ever
Honest options, even if they're not us
A real neighbor, not a call center
Why acting early matters

The sooner you reach out, the more options you have.

Foreclosure is a process, not a single moment. At every stage there is usually something that can be done, and even a scheduled sale date is not always the end of the road. The earlier you understand where you stand, the more doors stay open.

01

You've missed a payment or two

This is the easiest point to recover from. Catching up, or a simple repayment plan, can often put it behind you for good.

02

The notices have started (pre-foreclosure)

You've received a notice of intent, or your loan has been referred. This is still a window, not an ending. Most of the options below are very much on the table.

03

A sale date is on the calendar

Even here, options remain. A reinstatement, a fast sale, or other relief can sometimes stop a sale right up until it happens. Tell us the date first.

Your options, laid out plainly

Here is everything you can do, honestly.

Some of these keep you in your home. Some help you move on with your credit and equity protected. Several have nothing to do with us. You deserve to see all of them.

Staying put

Options that may let you keep your home

Reinstatement

Paying the total past-due amount, plus fees, in one lump sum to bring the loan current. If you can access the funds, this stops foreclosure outright.

Repayment plan

Your lender spreads the missed payments over the coming months, added on top of your regular payment, until you're caught up. Best when the hardship was temporary.

Forbearance

Your lender agrees to pause or reduce your payments for a set time while you get back on your feet. The paused amount is repaid later.

Loan modification

A permanent change to your loan's terms, such as the rate, length, or balance, to make the monthly payment affordable for the long run.

Moving on

Options that let you move on, on your terms

Selling before the sale date

If you have equity, selling, whether on the market or directly to a buyer like us, lets you pay off the loan, protect your credit, and walk away with what is left. Often the cleanest path when keeping the home is not realistic.

Short sale

If you owe more than the home is worth, your lender may agree to accept less than the full balance. It takes lender approval and time, but it can resolve the debt and limit the credit damage.

Deed in lieu of foreclosure

You voluntarily hand the deed back to the lender to settle the loan, avoiding a foreclosure on your record. An option of last resort, but gentler than a foreclosure.

Not sure which one fits? That's normal. A free, private conversation, or the Maryland resources below, can help you figure it out, with no obligation to sell us anything.

Where selling fits, honestly

Selling is one option among several, not the answer to everything.

If keeping the home isn't realistic, selling before the foreclosure completes can protect the two things that matter most: your credit and whatever equity you've built. Because we buy directly, with cash and no financing to fall through, we can sometimes close before a scheduled sale date, fast enough to stop the process.

But we'll only suggest it if it's genuinely your best move. If a repayment plan, a loan modification, or simply staying put serves you better, we'll tell you that, even though it means we don't buy your house. Your way forward matters more to us than our next deal.

Matthew Larkin sitting across a kitchen table from a homeowner, talking quietly
Free help beyond us

Real Maryland help, and a free guide.

Selling isn't always the right answer, and we'd rather point you to people who can help than pretend we're your only option. These are free, trusted Maryland resources.

The Foreclosure Options Guide cover
Free download, no email gymnastics

The Foreclosure Options Guide

Every option in this page, and a few more, explained in plain terms: what each one means for your credit and your timeline, and how to act before it's too late. Written for homeowners, not lawyers, and free whether or not you ever sell to us.

If selling is your path

Here's how simple it is.

If a sale turns out to be your best move, the path forward is calm and clear. And when a sale date is near, we move fast to beat it.

i

Tell us what's going on.

Call, text, or fill out the form, and tell us where things stand, including any sale date. No pressure, no commitment.

ii

We look at your options.

We research the property and your situation, run the numbers, and tell you honestly whether selling even makes sense for you.

iii

You get an honest offer.

If it does, a written, no-obligation cash offer, with the math explained, usually within 24 hours.

iv

We close on your timeline.

We handle the paperwork and the closing costs, and when a sale date is near, we move quickly to close before it.

The questions that keep you up

Straight answers, no spin.

Can selling my house actually stop foreclosure? +

Yes, in many cases. If you sell and pay off the loan before the foreclosure sale is finalized, the process stops. Because we pay cash with no financing contingency, we can often close quickly enough to do exactly that. The key is to start early and tell us the sale date up front.

Is it ever too late to stop foreclosure? +

Rarely, until the sale actually happens. Options narrow as the date gets closer, but reinstatement, a fast sale, or other relief can sometimes stop a foreclosure right up to the day of the auction. The sooner you act, the more choices you have, so it's always worth a conversation.

Will being behind on payments or selling hurt my credit? +

A completed foreclosure does serious, lasting damage to your credit. Most of the options on this page, including selling before the sale or a short sale, cause far less harm. Avoiding the foreclosure itself is one of the biggest reasons to act early.

Do I have to pay you anything? +

No. There is never a fee to talk with us, get an offer, or download the guide. If you do sell to us, we cover the closing costs and there are no commissions. Be cautious of anyone who asks for money upfront to stop your foreclosure, that's a common scam.

What if I already have a foreclosure sale date? +

Tell us right away. A scheduled sale date doesn't automatically mean it's over. Depending on timing, we can sometimes close before the date or help you understand other last-minute options. The most important thing is to reach out now, not later.

When you're ready

Tell us what's going on. No pressure, and it stays private.

You don't have to have it all figured out. Reach out and we'll talk through where you stand and what your options really are, from a real local family, not a call center. Whether or not you ever sell to us.

Talk it through, privately.

We'll respond personally, usually within 24 hours.