• Do I wish to remain in the house?
• Am I presently financially capable of making the payments on my house?
• Will I ever be capable of making the payments on my house?
• When was my first late payment on my mortgage?
• What caused that first late payment?
• What is my present monthly income?
• What are my present monthly expenditures?
• In what places can I reduce my expenditure?
• Do I have anyone in my life who would be prepared to assist me in making my mortgage current?
• Have I called my lender asking about a solution?
• Am I working on trying to find a solution daily to my problem?
• What workout arrangements can my lender extend to me?
• Have I phoned local, state or national foreclosure sources to discover out what my alternatives are?
• Do I understand how foreclosure happens in my state and the timeframe required?
• Do I understand when my foreclosure sale date is scheduled? 
• Have I called a foreclosure lawyer to see what options they can offer me?

The responses to these questions will generate at least a beginning place to aid you in being able to stop foreclosure sale on your house. The greatest piece of the picture here is understanding whether or not you can realistically afford to remain in the house. 

If you are planning to remain in your house, that should mean that whatever money issues you are having are not permanent. Losing your job is not permanent. You can find work again. I know it is difficult in this economy but you can. Since you know that your issues are temporary, you need to figure out what you are going to do to resolve those issues. They are not going to workout on their own, you need a plan. It might mean that you have to get whatever work you can or that you take on another job to make ends meet for a while. You might need to ask the people in your life who are close to you if you can borrow some money from them for awhile. The one thing you will definitely have to do is find a way to work with your mortgage company. They may even be able to help. They may have a workout package that they can offer you to help you stop foreclosure sale on your home.

If you have reviewed your financial situation and recognize that you just cannot afford your house, you must see how you can stop foreclosure sale by departing the house. If the house can be sold for more than what you owe on your mortgage, selling the house or requesting your lender take a deed in lieu of foreclosure could be great alternatives for you. The deed in lieu of foreclosure essentially means that you extend an offer to give your home to your lender in place of them not foreclosing on the home. If you owe more on the house than it is valued at, a short sale may be an alternative for you. But a word of caution on short sales, lenders have a tendency to take their time with these and there is no assurance of approval by the lender.

No matter what your fiscal position is your optimal solution to stop foreclosure sale on your house is to become knowledgeable about foreclosure. This will mean doing some searching about foreclosure and particularly realizing what the laws are in your state that regulate foreclosure. 

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