Homeowners may need assistance with transitioning out of their homes if one of the following is true:

• The homeowner has an incurable default and no amount of assistance can help him or her  to stay in the home.

• The homeowner does not want to stay in the home.

• The homeowner has been denied a modification that cannot be appealed or escalated.

It is recommended that housing specialists  discuss these options with homeowners as early as possible.

The following options and situations may be available for non-retention homeowners:

• Market Sale

• Short Sale

• Deed-in-Lieu

• Deficiency Judgment and Taxes