FRS Properties

Consulting / emotional cycle

Foreclosure on your home is a highly stressful experience, with powerful emotions coming and going throughout the process. For many homeowners, their house is the most important purchase they’ve made, and the idea of losing it can be overwhelming.
FRS Properties

The Stages of Foreclosure Grief

As with any unexpected challenge life throws at you, there are stages of grief that are normal to experience. However, dealing with these will help you move on and focus on what your future holds beyond the potential foreclosure.

Denial

The natural initial reaction to hearing your home is being foreclosed on is to assume that there's been a mistake on your bank's end and that your home can't possibly be at risk. Once you've checked with the bank that there's no mistake, you can move forward.

Anger

Once the news has settled in, it's common for anger to build up, fueled by anxiety. It's hard to understand that these things aren't happening to you for any particular reason; life sometimes simply isn't fair.

Bargaining

This stage often leads homeowners to scramble to find a solution with their bank that will let them keep their homes. The issue is that most banks have strict guidelines when they offer mortgages and are obligated to pursue foreclosure according to the terms of the contract.

Acceptance

The hardest stage to reach, but also the most important, is accepting what's happening. It doesn't mean that you're happy with it or want it to happen; it simply means you understand the situation and can focus on what you can do about it with a clear head.

Depression

Here we see the initial rush of adrenaline and anger wear off, leaving you with little energy to try and fight against the current. Feelings of sadness and depression are normal as you think about your history in the house and what you'll do next.

Acceptance

The hardest stage to reach, but also the most important, is accepting what's happening. It doesn't mean that you're happy with it or want it to happen; it simply means you understand the situation and can focus on what you can do about it with a clear head.

If you're looking to be

Done with the house and move on,

We can make you a cash offer in as little as 48 hours with only basic information and photos of the home. Our discreet off-market purchases make it easy to sell your home without drawing unwanted attention. So no matter your situation, we’re confident we can help you find a solution. All it takes is to reach out to the FRS team today to get started.

There's Always a Solution at FRS Properties

The sheer amount of emotional distress a home foreclosure can have isn’t lost on our team.