If you’ve fallen behind on your mortgage and foreclosure is around the corner, your first instinct might be to call a realtor and list the house. After all, that’s how homes usually get sold, right? But when foreclosure is looming, time isn’t on your side—and traditional listings can backfire. The Problem

“I didn’t know what else to do. Filing bankruptcy seemed like my only option.” That’s what Terry, a homeowner in Texas, said when he contacted us just 5 days before his foreclosure auction. His loan was 9 months behind, his lender wasn’t returning calls, and time had run out. The only

“I thought I was going to walk away with a big check.” That’s what Lisa M., a homeowner in Riverside, CA, believed when she decided not to sell her home and instead let it go to foreclosure auction. After all, she had nearly $100,000 in equity. Her mortgage balance was $260,000