How To Avoid Foreclosure
In Texas

Sell Your House To Prevent Foreclosure

Foreclosure is a scary situation for any homeowner. Fortunately, KeyRoo has helped many homeowners like yourself by purchasing their property with cash and closing in as little as 5-days to stop the banks from foreclosing in the property and selling it at auction. So, don’t don’t worry and don’t stress because we can help!

When we help you stop foreclosure you will successfully prevent any related damages to your credit score. And, in most cases, we can pay you more than what you owe the bank so that you actually walk away from the situation with cash in your pocket. Simply tell us when you want to close and we’ll make sure it happens. Everything is 100% confidential.

How Do I Stop Or Prevent Foreclosure?

There are five ways that you can stop foreclosure when working with your lender, but not all of them are necessarily beneficial to you. We have a full guide that explains all the ins and outs of the foreclosure process. You can Download Our Free Guide To Foreclosures, carefully review the information provided directly on our site, or Contact Us Today and speak to one of our team members. Remember, you are not the only one in your situation and we can help!

If your lender is willing to work with you, you may have the following five options in addition to selling your home:

  1. Forbearance: Your lender may grant you a little extra time to make payments before taking legal action.
  1. Repayment Plan: You may be able to increase your upcoming monthly payments for a period of time to make up for the payments you previously missed.
  1. Note Modification: You may be able to negotiate new terms to your current loan.
  1. Partial Claim: It is possible to be approved for a government loan that can be used to pay back missed mortgage payments.
  1. Debt Forgiveness: Your lender may waive your missed payment penalty if you are able to make up for it quickly.

If your lender is not willing to work with you to resolve the foreclosure, you have the following four options:

Sell Your House To Prevent Foreclosure

Option 1 is widely considered the most advantageous solution for a homeowner going through foreclosure. If homeowners decide to go this route, they have two options:

  • If you have enough time you may be able to list your property with an agent
  • It could take weeks or even months to get an offer
  • It could take another 30-90 days to close with financing
  • It only takes us a few minutes to evaluate your property and get you your offer
  • We pay you with cash and can close in as little as 5 days
  • There are no financing or inspection contingencies to worry about

For more information, make sure you visit our page comparing Selling To KeyRoo vs. Listing With An Agent. Or, call us at 469-425-8928 and one of our team members will be happy to answer your questions!

Deed-In-Leu Of

This option can be used to negotiate terms to stay in your home or to rent it from the bank. You sign the deed to the home back to the lender to close out the loan and prevent the foreclosure. However, your credit will still take a large hit and we do not suggest it.


Filing for Chapter 13 Bankruptcy is an absolute last resort. Doing so can be devastating to your credit and a bankruptcy on your record can follow you for the rest of your life. You should only consider Chapter 13 if you are drowning in debt and out of options.

Short Sale

This is an option if your home is worth less than what you owe on your loan. If this applies to you, you may be able to negotiate with your lender to see if they would be willing to take less than the amount due on your loan. However, this DOES affect your credit.