Avoid an Auction Strategy:
Bring Loan Current
Active Income - Less 6 months Delinquent
The quickest way to stop a foreclosure process is to bring the loan current. Borrow from friends and family, sell personal possessions, or pick up opportunities to earn additional income in order to pay the loan.
Benefits of Bringing Current
Your lender doesn't want to own your home. By bringing the loan current you strengthen the relationship for future business needs.
Turning a negative impacting credit file into a positive reporting one, helps to restore and protect credit strength.
To state the obvious, bringing the loan current will halt any foreclosure actions and allow you to keep your home.