As you still own your house while the foreclosure case proceeds, you may consider all of your options to keep you house.  The foreclosure certificate of sale is not issued until after the foreclosure sale. The foreclosure certificate of title is usually issued 10 days after the foreclosure sale unless there is an objection filed.

1. Payment plan or mortgage modification - negotiate with mortgage company


2. Governmental programs - various federal or other governmental programs are in place or are being proposed to assist distress homeowners.


3. Refinancing - in today's real estate, many homeowmers do not have sufficient "equity" in their property to be able to refinance. Also today's credit market appear to be more challenging.


4. Chapter 13 Bankruptcy - relief may be available under a Chapter 13 Bankruptcy Plan. Second or other junior mortgages may be avoided if they are wholly unsecured ("underwater"). First Mortgages on principal residences are generally not modifiable, but there are presently bills before Congress that may be adopted soon that will allow the modification of mortgages on principal residences. Mortgages on non-principal residence real estate, such as rental properties or second homes, may presently be modified in a Chapter 13 Plan. This modification may include principal reduction and interest rate reducation.