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Lost Your Job or Falling Behind? Here Are Your Real Options

Job Loss

Losing a job or a big cut in hours can turn a house payment into a monthly worry fast. Before anything else, know this: you have options, and selling is only one of them. Here's an honest look at all of them.

Does This Sound Like You?

  • You lost your job or your hours were cut.

  • You're behind, or about to fall behind, on your mortgage.

  • Medical bills or other costs are piling up.

  • You'd rather sell on your terms than wait and see.

Steps to Take Right Away

  • Call your lender early. Ask about forbearance (a pause or lower payment for a while) or a loan modification. Lenders have more options before you're far behind.

  • Get free counseling. HUD-approved housing counselors help for free.

  • Know your timeline. Missed payments lead to late fees and, after a few months, possible foreclosure. Acting early gives you more choices.

Your Options, Honestly

  • Stay and catch up. If new income is coming soon, a payment pause or plan may get you through.

  • Rent out a room or the house. Sometimes covers the payment while you get back on your feet.

  • List it with an agent. Best price if the house is in good shape and you have a few months.

  • Sell it to us. As-is, with no repairs. The loan is paid off at closing and what's left is yours.

Not sure which is right for you? Compare a cash sale and listing with an agent. (link: /sell-my-house/cash-offer-or-list-your-house)

How It Works

  1. Call or text us at (219) 339-3998, or fill out the form.

  2. We look at the house once, at a time that works for you.

  3. We send you a written cash offer. No pressure and no obligation.

  4. If you say yes, you pick the closing date. A local title company handles the paperwork and the money.

Local Help in Northwest Indiana

  • Indiana Foreclosure Prevention Network. Free housing counseling. Call 1-877-GET-HOPE (1-877-438-4673).

  • Unemployment benefits. Apply through the Indiana Department of Workforce Development (DWD).

  • Dial 2-1-1. Indiana 211 connects you to local help with utilities, food and rent.

  • WorkOne Northwest Indiana. Free job search help and training.

What to Have Ready When You Call

  • Your most recent mortgage statement

  • Any letters from your lender

  • A rough idea of your monthly income and bills (for your lender or counselor)

Talk to Someone Local

Call or text (219) 339-3998, or fill out the form on this page. A real person from Next Door Real Estate will get back to you. No pressure, no obligation.

We help homeowners in Gary, Hammond, Merrillville, Crown Point, Hobart and across Northwest Indiana.

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FAQs (Situation FAQs collection)

1. Should I sell right away?

Not necessarily. Talk to your lender and a housing counselor first. If selling still makes sense, we're here.

2. What if I'm already behind?

You can usually still sell. The missed payments and fees are paid from the sale at closing.

3. Can I pick my moving date?

Yes. You pick the closing date that works for you.

4. Is there a cost to get an offer?

No. The visit and the offer are free, with no obligation.

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