If You’re Falling Behind on Mortgage Payments in Alabama, You’re Not Alone
Maybe you lost your job, got hit with unexpected medical bills, or are going through a divorce. Whatever the reason, falling behind on your mortgage is incredibly stressful—and when the word “foreclosure” starts getting thrown around, it can feel like everything is slipping out of your control.
If you’re facing foreclosure in Alabama, the good news is:
You still have options.
In this post, we’ll cover the most common ways Alabama homeowners avoid foreclosure—including how selling to a cash buyer can help. Keep in mind, we’re not attorneys, and this is not legal advice. If you’re dealing with foreclosure, it’s always a good idea to speak with a qualified Alabama foreclosure attorney who can help you understand your rights and options under the law.
How the Foreclosure Process Works in Alabama
Alabama is a non-judicial foreclosure state, which means lenders don’t need to take you to court to take back the property. The process can move quickly—often faster than most people expect.
Here’s a basic overview:
- After a few missed payments (typically 90+ days), you’ll receive a notice of default.
- Your lender will publish a notice of foreclosure sale in the local newspaper once a week for three consecutive weeks.
- The home is then sold at public auction, usually at the county courthouse.
- Once the sale happens, the new owner (often the bank) can begin eviction proceedings if you’re still living in the home.
From start to finish, this process can happen in as little as 60 days. That’s why time matters in Alabama—especially if you’re hoping to avoid foreclosure altogether.
5 Potential Ways to Stop or Avoid Foreclosure in Alabama
Here are a few options that might be available to you. Again, always check with a legal professional before making any decisions.
1. Loan Modification or Forbearance
If you want to keep your home, one of the first things you should do is call your lender. Some may offer hardship programs, such as:
- Modifying your loan terms
- Temporarily reducing or pausing your payments (forbearance)
- Adding missed payments to the back of the loan
The earlier you reach out, the more flexibility you’re likely to get. An attorney or HUD-approved housing counselor can help you navigate this conversation.
2. Sell Your House Before Foreclosure
If keeping the home isn’t possible or doesn’t make sense financially, selling it may be your best option. In Alabama, you can usually sell your home right up until the date of the foreclosure auction.
At MorganMatney.com, we help homeowners sell quickly—without the hassle of repairs, agents, or showings. This route can:
- Help you avoid foreclosure on your credit report
- Possibly give you some money to move forward
- Allow you to sell as-is, with no out-of-pocket expenses
We’re not lawyers, but we do work with people in foreclosure every week, and we’re happy to talk you through how the process works from our side.
3. Short Sale
If your home is worth less than what you owe, a short sale may be possible—but it requires lender approval. This can be a slow process and won’t work for everyone, but it might prevent a full foreclosure from hitting your credit.
Speak to a real estate attorney before attempting this option—they can help with negotiations and paperwork.
4. Deed in Lieu of Foreclosure
This is when you voluntarily give the property back to the lender instead of going through the foreclosure process. While it still affects your credit, it can sometimes be a cleaner way out.
Again, you should consult with an attorney to understand the pros and cons in your specific situation.
5. Filing for Bankruptcy
This option isn’t right for everyone, but filing for bankruptcy in Alabama can temporarily stop a foreclosure through something called an “automatic stay.” It won’t erase your mortgage, but it might give you time to catch up or restructure your debt.
This is a serious legal step—only consider this after speaking with a bankruptcy attorney in Alabama.
Why Some Homeowners Choose to Sell for Cash
If you’re running out of time or don’t want to deal with the stress and uncertainty of the foreclosure process, selling to a cash home buyer can be a good way to move on quickly.
At MorganMatney.com, we specialize in buying homes in Alabama from people in tough situations—including:
- Pending foreclosure
- Inherited or vacant homes
- Divorce or job relocation
- Properties that need major repairs
We make fair cash offers, buy the home as-is, and can close quickly—often in 7 to 14 days.
We’re not legal professionals, and we never give legal advice. But if you just want someone to walk you through your selling options without pressure or obligation, we’re here for that.
Final Thoughts (And a Reminder)
Facing foreclosure can feel like the walls are closing in—but it doesn’t mean you’re out of options. The sooner you act, the more choices you’ll have.
Just remember:
This blog post is for informational purposes only. We are not attorneys, and this is not legal advice. If you’re facing foreclosure in Alabama, it’s always best to consult with a licensed attorney who can guide you based on your specific situation.
If you’re exploring a fast sale as one of your options, we’re happy to offer a free, no-pressure consultation and cash offer. It might not be the right fit for everyone—but for many Alabama homeowners, it’s the quickest way out of a tough spot.
Ready to talk or just have questions?
Click here to contact us or give us a call. We’re here to help—without judgment, pressure, or obligation.