Understand exactly where you are in the process, what comes next, and what you can do at each stage to stop foreclosure and save your home.
Your mortgage payment is 30 days late. The lender will call and send letters. This is the best time to act. All options are still on the table — loan modification, refinance, reinstatement, or forbearance.
The lender files a Notice of Default with the county recorder. You now have a reinstatement period (varies by state, typically 90 days) to pay all past-due amounts and fees. Loan modification, forbearance, and other loss mitigation options remain available.
The auction date is set — typically 21-25 days out. This is urgent. You can still stop the sale via reinstatement, loan modification approval, filing bankruptcy, or negotiating a postponement with your lender. Do not wait.
The property is auctioned to the highest bidder. After this point, rights vary by state. Some states allow a redemption period; in others, eviction begins immediately. Don't let it get this far — you have options at every stage before this.