When a homeowner is struggling financially and becomes unable to pay their mortgage, it can be hard for them to accept the fact that their financial situation has taken a turn for the worst. In a perfect world, they would pick up the phone, call a short sale specialist right away and get their home sold before an auction date has even been set; we don’t live in a perfect world, however.

Many times when homeowners fall behind on their mortgage, they don’t take any action right away in hopes that their financial struggles will go away or that the difficult situation they are in isn’t real. Unfortunately for many homeowners, when they don’t take action, time runs out and they are headed towards foreclosure and a looming auction date before they know it.

What many homeowners don’t know, however, is that even though it’s gotten to that point, it is still possible to short sale their home, so they should still get in contact with a San Diego short sale specialist. When you have a pending auction date, it isn’t always guaranteed that starting to work with a short sale specialist will get your foreclosure stopped, but it is worth a shot. There have been many instances where the bank will postpone the auction date and allow the homeowner a few more weeks to get their home sold via a short sale. If the homeowner gets really lucky and works with an experienced short sale specialist, it may even be possible to get your home listed and sold within that amount of time. It may be hard to do, but what have you got to lose?

If you have an auction date coming up in the near future and are still looking for somewhere to turn, get in touch with a San Diego short sale specialist right away. Your lender may be willing to cooperate with you and help you get a short sale completed so you don’t have to lose your home to foreclosure.