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X Home - Trusted Solutions

Your foreclosure options

Every situation is different.
Here are your options.

We believe you deserve to understand every path available to you. Below, we've outlined the most common solutions we help Texas homeowners with. During your free consultation, we'll determine which options apply to your specific situation.

A Texas home with the American flag

Loan Modification

Stay in your home with new terms

Independent educational tool

Not sure you'd qualify? Loss Mit Check is a free, independent educational tool built on the publicly published guidelines for Fannie Mae conventional, FHA, and VA loans. It gives you a rough estimate of which assistance programs may fit your situation.

Estimates only - not advice or an approval. Only your servicer decides, and the tool is not affiliated with any government agency or lender.

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A loan modification moves your past due balance to the back of your loan, extending your payment period by 10-20 years. While this keeps you in your home, there are real tradeoffs: interest rates can increase, and you may pay significantly more in total interest over the life of the loan. Only a portion of homeowners qualify, and lender approval is never guaranteed - but we can help you prepare a strong application if it's the right path for you.

Best for

Homeowners who qualify and want to stay in their home, despite long-term cost implications.

Key benefits

  • Keep your home and stay where you are
  • Avoid foreclosure auction
  • Potentially lower monthly payment (initially)
  • We help expedite the qualification process

Cash Offer / Quick Sale

Sell your home fast, on your terms

Our home-buying side

Want to see the actual number? SellToXHome.com is X Home's home-buying site. Get a written cash offer within 24 hours and close in as little as a week - before your auction date - with no fees, no commissions, and no repairs.

Free and no-obligation. Cash offers reflect speed and certainty and are typically below full retail value - and if listing or another option would serve you better, we'll say so.

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Many homeowners sell their home before the foreclosure auction - and that's often the smartest move. We can purchase your property directly with our own funds, no waiting for bank approvals, no real estate commissions, and no uncertainty. You control the timeline and walk away with cash in hand to start fresh.

Best for

Homeowners who need to sell quickly and want to avoid the foreclosure auction.

Key benefits

  • We purchase with our own funds
  • Close on your timeline - often in days
  • No real estate agent commissions
  • Walk away with cash and a clean slate

Stay-in-Home Sale Options

Sell the home, stay in it a little longer

Sometimes the timing is the hardest part - finishing a school year, finding the next place, getting a parent settled. We can structure the sale so you stay in the home for a defined period after closing, either through a leaseback or a delayed-close (where the sale itself happens later). Every term is put in writing using Texas Real Estate Commission contracts before you sign. There is no obligation to commit on the call.

Best for

Homeowners who need to sell but want a defined period to stay in the home afterward.

Key benefits

  • Stop the foreclosure auction
  • Stay in the home for a defined period after closing
  • All terms in writing on TREC contracts before you sign
  • You set the move-out timeline that works for your family

Short Sale Negotiation

Sell for less than you owe - with lender approval

If you owe more than your home is worth, a short sale allows you to sell the property for less than the remaining mortgage balance. We negotiate with your lender to accept the reduced amount and release you from the remaining debt. This is often a better alternative than foreclosure for your credit.

Best for

Homeowners who owe more than their home is worth and cannot afford to continue payments.

Key benefits

  • Avoid foreclosure on your credit report
  • Potentially eliminate remaining mortgage debt
  • Less credit damage than a full foreclosure
  • Move forward without the burden of an underwater mortgage

Bankruptcy

A last resort option with serious implications

Understand it before you decide

A free educational tool at bkforeclosurecheck.com explains, in plain English, how Chapter 13 and Chapter 7 each affect a Texas foreclosure sale - and estimates what a plan would really cost, both up front and every month.

Educational estimates only - not legal advice and not a substitute for the advice of an attorney. It saves nothing you enter, and only a licensed bankruptcy attorney can tell you whether filing makes sense.

Open the bankruptcy tool (opens in a new tab)

Bankruptcy can temporarily delay foreclosure through an automatic stay, giving you a short period of time. However, bankruptcy has very harsh credit implications that can affect your finances for 7-10 years. While it may buy time, it's not a solution - it's a delay. We are not attorneys and this is not legal advice. Any bankruptcy filing requires a licensed Texas attorney, and if it's the right path for you we'll refer you to one we know and trust.

Best for

Only as a last resort when all other options have been exhausted.

Key benefits

  • Temporarily delays foreclosure (short-term only)
  • Automatic stay halts collection actions
  • Time to explore other options
  • Connected with trusted legal professionals

Relocation Assistance

A fresh start with support

Sometimes the best decision is a fresh start. If you decide that moving on is the right choice, we don't just leave you to figure it out alone. We provide relocation assistance to help you and your family transition to a new home, including help finding rental housing and moving support.

Best for

Homeowners who are ready for a fresh start and want support through the transition.

Key benefits

  • Support finding new housing
  • Help with the transition process
  • Guidance on rebuilding your credit
  • A compassionate team by your side

Credit Protection & Counseling

Minimize damage, maximize recovery

Foreclosure can devastate your credit score for years. No matter which option you choose, we provide guidance on how to minimize credit damage and start rebuilding. We help you understand what actions affect your score and create a plan for recovery.

Best for

All homeowners - credit protection is part of every solution we offer.

Key benefits

  • Understand how different options affect your credit
  • Get a personalized credit recovery plan
  • Learn strategies to rebuild faster
  • Free credit counseling included

Not sure which option is right for you?

That's completely normal - and exactly why we're here. Every homeowner's situation is unique, and the best option for you depends on factors like your timeline, equity, income, and personal goals.

Our guidance is always free, and there's never any obligation.

Let's find the right
solution for you.

The first step is always the hardest. But once you pick up the phone or book a call, you'll have a team in your corner fighting for the best outcome.

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