Massachusetts Pre-Foreclosure Guide

Understanding your situation early can create more room to make a thoughtful decision.

Start by confirming the timeline

Open every notice you receive and keep copies together. Record the servicer’s contact information, important dates, the total amount claimed due, and any deadlines stated in writing. A missed payment does not automatically mean the property is sold, but delays can reduce the time available to evaluate alternatives.

Questions to ask your mortgage servicer

• What is the current reinstatement amount?
• Are repayment, modification, or forbearance options available?
• What documents are required and when are they due?
• Has a foreclosure sale date been scheduled?
• How should all proposals and decisions be documented?

When selling may be considered

A sale can be one possible path when keeping the property is no longer practical, there may be equity to preserve, or the homeowner needs a predictable exit. Compare a traditional listing with a direct as-is sale. Consider the likely timeline, repair costs, commissions, carrying costs, and certainty of closing—not only the headline offer price.