Facing a foreclosure can be a daunting process for homeowners as well as the realtors and attorneys trying to help them. Whether you're looking to work out an arrangement to keep the home, or you're looking to move out of the house and settle the debt, you have options. This book is designed to act as a step by step guide for real estate professionals, or for homeowners, who are looking to navigate this process. The three main options are loan modifications, short sales, or a deed in lieu of foreclosure. No matter which one you are attempting, this will take you through the absolute basics and big picture issues, through the minor details of submitting your application, along with tips and stories. If you're an attorney or realtor looking to get into this type of work, this book will take you through the first one from start to finish, and it will continue to be a valuable resource as you encounter new and unexpected scenarios. If you're a homeowner looking to work something out with the bank on your own, this book can help guide you through the process (though there is no substitute for professional advice). Peter J Ryan is an attorney licensed in Connecticut and New York with more than a decade of experience in real estate and foreclosure matters. Following the 2008 Financial Crisis, Attorney Ryan has closed thousands of real estate transactions, and helped hundreds of homeowners avoid foreclosure though short sales, loan modifications and deeds in lieu of foreclosure. Attorney Ryan has mediated foreclosures in New York and Connecticut, and also actively defends foreclosure actions throughout Connecticut, both in mediation and active litigation.