Contact your mortgage servicer promptly
The Consumer Financial Protection Bureau recommends contacting the servicer and seeking housing-counseling help. Ask about available ways to address missed payments and keep records of communications. A HUD-approved counselor can help you understand options; do not wait for a buyer’s answer before seeking assistance.
A sale does not automatically stop foreclosure
A phone call, offer request, or signed purchase contract does not by itself guarantee that a legal deadline will pause. Tell your attorney and the closing provider about notices and scheduled dates. Do not assume a proposed closing can override lender or court requirements.
Understand the payoff before accepting an offer
The loan payoff can differ from the balance shown on a regular statement. Liens, taxes, and other obligations may also matter. The closing provider needs current figures. If proceeds will not cover the amounts due, the transaction may need additional funds or approvals.
Compare the real alternatives
Depending on your circumstances, keeping the home with an approved arrangement, listing it, pursuing a direct sale, or another option may be possible. Your servicer, counselor, attorney, or tax adviser can help evaluate consequences. We can discuss a purchase, but we do not promise to save the home or stop proceedings.
Bring these details to the conversation
- Servicer contact information
- Copies of notices and known deadlines
- Available payoff and lien information
- Attorney or housing counselor contact
- A realistic plan for your next housing
Your questions, answered
Will requesting an offer stop a foreclosure?
No. Continue working with your servicer, attorney, and any housing counselor. Do not rely on an offer request to delay a deadline.
Can you guarantee closing before a scheduled sale?
No. We can discuss the situation, but timing depends on title, payoffs, legal requirements, and the purchase terms. Seek professional help immediately when a deadline is near.
Where can I find independent help?
Use the CFPB housing-counselor directory to find HUD-approved assistance. We link it below so you can get guidance separate from any buyer.
Ready to discuss the actual property? Contact Bill, or compare a direct sale with listing before deciding.
Useful sources
Consumer Financial Protection Bureau: Avoiding foreclosureFind a HUD-approved housing counselorReviewed October 5, 2026. General educational information; your contract, facts, and current law control.