The Raudelunas Group
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Sotheby’s Int’l Realty

A homeowner considering their options at a sunlit kitchen table

The Raudelunas Group

Facing foreclosure? You have more options than you think.

If you’ve fallen behind on your mortgage, the most important thing to know is this: doing nothing is the only choice that guarantees the worst outcome. Acting early — even just to understand your options — keeps the most doors open. This is a confidential, judgment-free conversation.

1

Reinstatement

Best when: You had a temporary setback and can now catch up

Paying the total past-due amount (missed payments, late fees, and costs) before the sale date restores your loan to good standing. If the hardship was temporary — a job gap that's now resolved, a medical event you've recovered from — this is the cleanest path and keeps your home and credit intact.

2

Forbearance or repayment plan

Best when: You need short-term breathing room

Your lender may agree to temporarily pause or reduce payments (forbearance) or spread the past-due balance across future payments (repayment plan). Servicers are often more willing to work with you than borrowers expect — but you have to call them early, before the process is far along.

3

Loan modification

Best when: Your hardship is long-term but income is stable

A modification permanently changes your loan terms — interest rate, term length, or principal — to make payments affordable. It's paperwork-heavy and slow, so start it as early as possible. A modification can be the difference between keeping the home and losing it when the hardship isn't going away.

4

Sell with equity

Best when: You owe less than the home is worth

This is the option most Sacramento homeowners in distress don't realize they have. After years of appreciation, many owners who are behind on payments still have real equity. Selling on the open market lets you pay off the loan, walk away with cash instead of a foreclosure on your record, and protect your credit. In the current Sacramento market, this is frequently the best outcome — and it's the one Sara can move on fastest.

5

Short sale

Best when: You owe more than the home is worth

If you're underwater, a short sale — where the lender agrees to accept less than the full balance — is far less damaging to your credit than a foreclosure, and it releases you from the debt. It requires lender approval and experienced representation, but it's a legitimate, dignified exit that lets you move forward.

Confidential & judgment-free

Let’s talk through your options — privately.

The earlier you reach out, the more choices you have. A conversation with Sara costs nothing and commits you to nothing.

Reach Sara confidentially