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Transitioning From Your House

Find helpful information to assist with your transition

Although you will be transitioning out of your house, that does not necessarily mean going through foreclosure. Other solutions are available that may help you avoid eviction from—and the sale or auction of—the house that can occur during foreclosure. We can help you explore your options, as well as provide resources to help guide you through the transition.

Step 1. Understand the ways to avoid foreclosure

Short Sale icon

Short Sale

In a short sale, you sell your home and settle your mortgage debt for less than the amount you owe.

  • Generally takes less time to complete than a foreclosure, so your reported delinquency could be shorter
  • Credit may improve faster
  • You may be eligible for money to assist in relocation

Speak with a specialist
1.877.447.3994

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If you are unable to sell your home in a short sale, there is another option.

Deed in Lieu of Foreclosure icon

Deed in Lieu of Foreclosure

With a deed in lieu of foreclosure, you give your property's deed to the bank instead of going through foreclosure. It is often an easier process than a foreclosure, but it will still have a negative impact on your credit.
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Step 2. Transitioning from your house

Community Resource Directory

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There are thousands of non-profit groups and government agencies across the country ready to assist you with utilities, food and more.

Resource Index

Resource Index image

All the resources found in the Home Transition Guide are brought together for easy reference.