Which of the following is NOT considered an alternative to foreclosure?

Selling your home is not considered an alternative to foreclosure because it is an independent action that a homeowner can take to avoid the financial and credit consequences of foreclosure. In contrast, alternatives to foreclosure are typically strategies aimed at helping a homeowner retain their property or reach an agreement with the lender to avoid losing their home.

Forbearance, loan modification, and deed in lieu of foreclosure are all recognized alternatives that provide homeowners options to stay in their homes or settle their debts with lenders under more favorable terms. Forbearance allows homeowners to temporarily pause or reduce their mortgage payments, a loan modification changes the terms of an existing loan to make it more manageable, and a deed in lieu of foreclosure relinquishes the property back to the lender in exchange for a cancellation of the mortgage debt.

Selling your home involves listing it on the market to obtain a sale price that can pay off the mortgage, which is a different approach than seeking to keep the home through negotiations with the lender. Therefore, it does not fit within the same framework as the alternatives to foreclosure.