I am behind on my mortgage. Is it too late to do anything?

Falling behind on a mortgage payment is rarely the end of the road, since most lenders offer options like a repayment plan, forbearance or a loan modification before foreclosure becomes the only path. Selling the home, including through a short sale if the balance owed exceeds the home's value, is also still on the table in most cases even after missed payments. The earlier a homeowner contacts their lender and a real estate professional, the more options usually remain open. Brian Beatty has worked with owners in this position and can lay out the realistic choices for a specific situation.