Home / What we buy / Job loss & income change
The income changed. The payment did not.
A layoff, a business that slowed down, a shift cut, a disability that stopped the work — the mortgage does not care why the money stopped, it only cares that it did.
Before anything else: call the lender. Forbearance, a repayment plan, and loan modification exist for exactly this and cost nothing to ask about. If you are two or three payments behind and there is equity in the house, you have more options than it feels like at 2am, and none of them are improved by waiting until the arrears are large enough to trigger a notice.
A cash sale is one of those options. It pays off the mortgage, clears the arrears and the lender’s fees out of the proceeds, and leaves you whatever equity is left instead of losing it to a completed foreclosure. It also removes the monthly payment immediately, which is usually the thing causing the most pressure.
What we cannot do is invent equity that is not there. If what you owe is close to what the house is worth, we will say so plainly and point you toward the lender’s loss-mitigation department or a HUD-approved housing counsellor, both of which are free. We would rather you keep the house than buy it from you at a number that does not work for either of us.
What we look at before quoting a number
- How many payments behind you are, and whether a notice has been filed
- The mortgage payoff and any second lien or HELOC
- Whether you have already spoken to the lender or a counsellor
- Realistic equity after payoffs, fees, and closing costs
- How long the income gap is likely to last
How a cash sale solves this
There is no listing period, no showings, no repair requests and no buyer whose mortgage can collapse three weeks in. You get one written number, a title company that handles the paperwork, and a closing date you choose — typically fourteen to thirty days from acceptance.
If getting a real number for the property would help you decide — even if you are months away from doing anything — ask for one. It costs nothing and there is no obligation.
Talk to us: (307) 309-8588 — Mon-Sat 8am-8pm. Or send the form and we’ll come back to you.
Get your cash offer
No fees. No repairs. No obligation. Takes about 30 seconds.
Got it — your request is in.
We’ll call you shortly with next steps. Need to talk right now?
Job loss & income change — common questions
Is selling the house the first thing I should do?
No. Talk to your lender about forbearance or modification first — those options are free and sometimes they work. Selling becomes the right answer when the payment is permanently unaffordable or the arrears are already past the point you can catch up.
Will a cash sale protect my credit?
It avoids a completed foreclosure, which is the event that does the most damage, and it clears the arrears before they turn into a judgment. It is not a credit repair service and we will not claim otherwise.
What if I have no equity?
Then a sale cannot solve it and we will tell you that on the first call rather than three weeks later. Your lender’s loss-mitigation department and a HUD-approved counsellor are the right calls, and we will help you find them.
Other situations we handle
Behind on payments / foreclosure
You’ve fallen behind, or a notice has arrived, and you need an exit before the auction.
Learn more →Second mortgage or HELOC
Two loans on one house, and the second one is the one causing trouble.
Learn more →Medical bills
Medical debt is quietly eating the equity in the house.
Learn more →Ready for a real number on this property?
One call or one form. A written offer within a business day, and no pressure to accept it.