Forbearance Won’t Stop Foreclosure- Your Home Is Still At Risk!
Are You Missing Payments On Your Mortgage?
Like many homeowners in your situation, are you also worried about what happens when your forbearance ends? Maybe you're thinking your only options are to somehow start making full payments again or face foreclosure, right? But here's what your lender isn't telling you:
Credit Score Impact
Higher Monthly Payments
Increased Interest Rate
Risk Of Foreclosure
How Can You Avoid Foreclosure?
Let’s be real- forbearance is one of the most complicated situations you can face as a homeowner. When your forbearance period ends, you'll owe all that money you didn't pay to your lender. Some will expect reinstatement – paying the entire amount all at once.
But what if you can't pay off? What if your financial situation still hasn't recovered?
Therefore, you may end up with home foreclosure!
How you can make more money with The District PHX
Lock & Move
Our Lock and Move program lets you lock in your equity and it requires no appraisals, no need to make repairs, and no commission to be paid. In just a few days, we pay off your mortgage and the rest of the purchase price is yours!
- Quick Cash Offer (And the fair one)
- Flexible Closing Dates
- No Hidden Fees (No last minute surprises)
Unlock & Stay
Our Unlock and Stay program, also known as a home sale leaseback, lets you unlock your home equity to use as you choose while staying in your home for up to five years while you start the next chapter in your life!
- Continue living in your home as a tenant
- Customizable leaseback options
- No property tax or maintenance
Get Your
No-Obligation,
All-Cash Offer.
Get a fair cash-in-hand offer for your home in less than 24 hours.
Frequently Asked Questions
We provide you a free consultation and if only you require help selling your home fast and for cash- we step in to help you. It's always no pressure conversation with us.
YOU have options beyond foreclosure. Our Sell-and-Stay program lets you switch from homeowner to tenant, allowing you to stay in your home while eliminating mortgage stress.
The amount depends on your home’s value and the amount of equity you have. We provide a fair and competitive cash offer, typically within 24 hours.
No, this is not a loan. Unlike refinancing, which comes with high interest rates, our program allows you to access your equity without taking on debt or paying interest.
No. Forbearance temporarily pauses or reduces your payments with repayment required later, while loan modification permanently changes your loan terms. We can help find the best option for you.
When your forbearance ends, you'll need to work with your servicer on repayment options. We can help you navigate these options or provide alternative solutions that may work better for your situation.