Receiving a Notice of Default (NOD) can be overwhelming—but it doesn’t mean you’ve lost your home. An NOD is the lender’s formal notice that a homeowner has fallen behind on their mortgage payments, usually by 90 days or more. It’s the first official step in the foreclosure process, but it’s also a critical window of opportunity to take action before the situation escalates.

At this stage, homeowners still have several legal and financial options to pause, resolve, or avoid foreclosure. The key is acting quickly and getting the right guidance.

What Are Your Options After Receiving an NOD?

Here are some of the most common solutions available to homeowners in default:

• Loan Modification
  Adjust the terms of your existing loan to make payments more manageable and avoid foreclosure.

• Forbearance Agreement
  Temporarily reduce or pause mortgage payments, giving you time to recover financially.

• Sell Your Home
  If equity exists, selling the property before foreclosure can protect your credit and allow you to move on with cash in hand.

• Short Sale
  If your home is worth less than what you owe, we can help negotiate with your lender to accept less than the full payoff.

• Refinance
  If your financial situation has improved, refinancing into a new loan with better terms may be possible—even with missed payments.

We’re Here to Help—Not Judge

Many homeowners fall into financial hardship due to job loss, medical emergencies, rising costs, or unexpected life events. Whatever your reason, you’re not alone, and you don’t have to face this process without support.

As real estate professionals with experience navigating NOD situations, we specialize in working with homeowners just like you. Our goal is simple: help you protect your home, credit, and peace of mind—and if needed, guide you toward a dignified and financially sound exit strategy.

Want to Talk?

If you’ve received an NOD or know someone who has, don’t wait. Reach out to us today for a private, pressure-free conversation. We’ll walk you through your options and help you create a plan that fits your situation.