Your options

Nine paths. One you'll pick.

Most Arizona homeowners qualify for several. Each has a sweet spot — the right one depends on your stage in the process, your equity, your income, and what matters most to you.

Keep

Loan Modification

Permanently change the terms of your existing loan so the payment fits your new reality.

Reinstatement

Pay all missed payments, late fees, and trustee costs by the deadline and the foreclosure stops cold.

Forbearance

Pause or reduce your payment for a set period while you stabilize. Best for short, definable hardships.

Refinance

Replace your existing loan with a new one — better rate, longer term, or both — to get a payment you can carry.

Short Sale

Sell for less than you owe with the lender's written approval. Avoids a foreclosure on your record.

Sell With an Agent

If you have equity and time before the sale, a traditional listing usually nets you the most.

Sell for Cash, As-Is

Skip repairs, agents, and showings. Pick your closing date. Trade some price for speed and certainty.

Deed-in-Lieu of Foreclosure

Voluntarily transfer the deed back to the lender to satisfy the loan. Cleaner on credit than a foreclosure.

Chapter 13 Bankruptcy

Filing triggers an automatic stay that stops the trustee's sale immediately, then lets you repay arrears over 3–5 years.