Foreclosure or missed payments
Behind on payments? A fast, private cash sale can get ahead of the process instead of waiting for the bank to act.
Get Your Cash Offer
Answer a few quick questions. No fees, no obligation.
Enter the address and answer a few quick questions. It takes about 2 minutes.
A local cash buyer reviews the details and contacts you with a no-obligation offer.
Pick the closing date. Close in as little as 7 days, or later if you need more time.
Falling behind on a mortgage is stressful, and it rarely happens for one reason. A job change, a medical bill, a divorce, a rate reset, or a repair that ate the savings can turn one missed payment into three before you know it. Then the letters start, and every week feels like the clock is moving faster.
The good news is that a notice from your lender is not the end of the road. In most states you can still sell your house right up until the foreclosure sale date, pay off the loan, and keep whatever equity is left. The challenge is time: a traditional listing usually takes longer than the foreclosure timeline allows.
That is where a direct cash sale helps. You share a few details about the property, a local cash buyer reviews it, and you get a no-obligation offer with a closing date you choose. No repairs, no showings, no waiting on a buyer's bank.
No two foreclosure situations are the same, but the homeowners who reach out to us usually have a mix of these:
Every one of these can still end in a sale. The earlier you get an offer, the more options you keep, and the more equity you are likely to protect.
Listing with an agent works well when time is on your side. When a foreclosure is moving forward, it often isn't.
The timeline doesn't fit. A typical listing takes 30 to 60 days to get under contract and another 30 to 45 days to close. If the foreclosure sale is sooner than that, a listing can run out of road.
Buyer financing can fall through. Most retail buyers need a mortgage. If the appraisal comes in low or the house has condition issues, the loan can be denied weeks into the process and you start over.
Repairs and showings cost money you may not have. Agents usually recommend cleaning, repairs, and staging before listing. That is hard to fund when you are already behind.
Fees come off the top. Agent commissions and seller closing costs can take 6% to 10% of the price, which can wipe out a thin equity cushion.
| Listing with an agent | Selling for cash | |
|---|---|---|
| Commissions | Often 5% to 6% of the price | None |
| Repairs and cleaning | Usually needed before listing | None, sold as-is |
| Showings | Weeks of showings and open houses | One walkthrough |
| Buyer financing | Can fall through after inspection or appraisal | Cash, no loan approval |
| Time to close | Often 60 to 90+ days | As little as 7 days |
| Closing date | Set by the buyer's lender | You choose |
| Best for | Move-in-ready homes when you have time | Speed, certainty, and houses that need work |
Tell us about the house and your timeline. Your information goes to a local cash buyer who works in your area, not to a public listing.
Cash buyers don't rely on bank approval, so the offer isn't at risk of a financing denial weeks later.
The title company pays your lender directly from the sale proceeds. Any equity left after the payoff goes to you.
The house is bought as it is. Take what you want and leave the rest.
Close in as little as 7 days if the sale date is close, or later if you have more time.
If the numbers don't work for you, you can walk away. There is no cost to get an offer.
Foreclosure rules vary by state, and some states require a court process while others don't. In general, the process moves through these stages:
This is general information, not legal advice. Talk to a housing counselor or a real estate attorney about the rules in your state and your loan.
Usually, yes. Many homeowners sell after receiving a notice, as long as the sale closes before the foreclosure date. The sooner you start, the more options you have.
Cash buyers can often close in as little as 7 days, depending on title work and your timeline.
A completed sale pays off the loan, which ends the foreclosure. Talk with your lender or an attorney about your specific situation.
If the payoff is more than the sale price, the lender has to agree to a short sale. A buyer can still make an offer, and you can decide whether to pursue it with your lender.
In general, paying off the loan through a sale is viewed more favorably than a completed foreclosure. Check with a credit counselor for your situation.
No. The offer is based on the current condition of the house.
No. There is no sign in the yard, no listing photos, and no open house.
It takes about 2 minutes, it's free, and there's no obligation.
Get My Cash Offer