Contact your mortgage servicer
Ask about the account status, missed payments, loss-mitigation options, and any deadlines in your notices.
Massachusetts pre-foreclosure guidance
Facing foreclosure?
You may have options.
Behind on mortgage payments, received a notice, or worried about an auction? You deserve clear information and a chance to understand your choices. I'm Dallas Chace, a real estate agent with Home Bound Realty serving the South Coast.
No pressure to list or sell. If an auction is approaching, seek qualified housing or legal help immediately.
First steps
Don't wait for the auction notice.
Your choices may depend on the loan, amount owed, property value, lender, and stage of the process.
Explore retention options
Depending on eligibility, options may include reinstatement, a repayment plan, forbearance, or loan modification.
Understand your home's equity
Compare a realistic estimated value with your mortgage balance and likely sale costs before considering a sale.
Get independent help
A HUD-approved housing counselor or qualified Massachusetts attorney can review rights and time-sensitive choices.
How Dallas can help
Explore whether selling makes sense.
As your real estate agent, I can help you review local comparable sales, discuss an as-is sale or traditional listing, estimate potential net proceeds, and coordinate real estate steps with your lender or legal advisors.
I cannot stop a foreclosure, approve a loan modification, or guarantee a sale before an auction. The decision is yours.
Discuss My Property ↗What to have handy
- Property address
- Recent mortgage statement and estimated payoff
- Any letters or notices with deadlines
- Known liens or second loans
- Your preferred outcome: stay, sell, or explore both
Don't send Social Security numbers, bank credentials, or sensitive documents through the website form.
Local South Coast real estate perspective
Pre-foreclosure help near New Bedford and Fall River
Dallas works with South Coast Massachusetts homeowners in places including New Bedford, Fall River, Dartmouth, Fairhaven, Westport and surrounding towns. If keeping your home is your priority, start with your loan servicer and an independent housing counselor. If selling is an option you're considering, Dallas can help review local sales and talk through as-is or traditional sale scenarios.
A first conversation can cover the property's possible market value, mortgage payoff estimate, liens, selling expenses and your preferred timeline. None of those figures can replace a verified lender payoff or legal advice. If you're weighing a sale, you can also request a personalized comparative market analysis.
Request a Private Conversation ↗Frequently asked questions
Foreclosure questions in Massachusetts
What is pre-foreclosure?
It's a general term for the period when a mortgage is in default or foreclosure-related steps are underway, before a completed foreclosure sale. The specific legal stage depends on your notices and loan.
Can I sell my home before foreclosure?
A sale may be possible before a foreclosure auction if there is enough time and required parties can complete it. If proceeds will not cover the mortgage and costs, lender approval may be needed for a short sale. Timing matters.
Is there a right to cure in Massachusetts?
Massachusetts law provides a right-to-cure process for many residential mortgage defaults, generally involving a 90-day notice period, but applicability and timing vary. Review your notices with a qualified counselor or attorney. See the Massachusetts Division of Banks guidance.
What if my foreclosure auction is soon?
Contact a foreclosure attorney, housing counselor, and your loan servicer immediately. If an auction is within seven days, the Massachusetts Division of Banks may be able to assist. Never assume the auction is delayed without confirmation.
Do I have to sell my home to speak with Dallas?
No. You can ask about property values or sale scenarios without committing to list or sell.
Trusted homeowner resources
Free and official information
- Massachusetts Division of Banks — Preventing Foreclosure ↗
- Massachusetts — Help for Distressed Homeowners ↗
- HUD housing counseling ↗
Dallas Chace is a real estate agent affiliated with Home Bound Realty, not an attorney, lender, or government agency. This page provides general information, not legal, tax, or financial advice. No outcome, loan approval, foreclosure delay, or amount of equity is guaranteed.
Start a conversation
You don't have to sort through this alone.
Request a private real estate conversation about your property and the choices you want to explore.