HOUSE ON FIRE...and the heroic rescue caught on a Ring doorbell cam

Nicole Salgado and her family were fast asleep on New Years Day and were awakened by a pounding on their front door. It was Carolyn Palisch there to save the day!

"We were all asleep," Salgado told CNN. "Then all of the sudden around 7:30 in the morning, we hear banging on our door and our doorbell is going off and we kind of get scared."

Just minutes after the family escaped the roof caved in. Thank God for great neighbors!

A Go Fund Me Account has been set up to help the family recover from their home loss.

Photos: Getty Images