Yes, you can sell your home even if you aren’t current on your loan. The proceeds from the sale will pay off your remaining balance at closing. Whatever’s left over is yours.
Behind on payments? Sell your house for cash before foreclosure
Get a fair cash offer and stop foreclosure before it starts.
Missing mortgage payments doesn’t mean you’re about to lose your house, but it does mean it’s time to act. Selling for cash can help you get ahead of missed payments and walk away with cash in hand instead of a foreclosure on your record.
Get My Cash Offer
Can you sell a house if you’re behind on payments?
You don’t need to be caught up on your mortgage to sell. The sale pays off what you owe at closing, and since our cash home buyers pay typical closing costs, whatever’s left over is yours.
What happens when you fall behind on payments?
Missing a mortgage payment doesn’t mean foreclosure is starting right away. Federal law generally gives homeowners some time, typically well over 100 days, before a servicer can begin the foreclosure process, and most servicers are required to send a written notice earlier on letting you know about ways to catch up. Exact timelines and requirements can vary by state and by lender, so a local foreclosure attorney or a HUD-approved housing counselor is the best way to find out exactly where you stand and what deadlines apply to your situation.
Can selling stop foreclosure?
Selling before the foreclosure sale happens can stop the process entirely. Paying off your mortgage through the sale keeps a completed foreclosure off your credit record.
How does selling a house for cash work?
You request a free cash offer, a cash home buyer visits your house, and you receive an offer based on its condition. If you accept, you close on your schedule. This allows you to skip the typical hassles of the open market and move forward on your own timeline.
STEP 01
Request your free cash offer
Share a few details about your house, including its condition.
STEP 02
Schedule your property visit
Your cash home buyer will schedule a walkthrough and take the tenant situation into account.
STEP 03
Review your offer
Ask questions and take your time. There’s no pressure.
STEP 04
Close on your schedule and get your funds
Pick your closing date and get paid.
Sell my house fast before foreclosure
The longer you wait, the more fees add up, and the closer you get to foreclosure. It’s a stressful place to be, but you have options. Selling to a cash home buyer moves faster than a traditional sale, since there’s no financing or appraisal to wait on. When you sell with us, you’ll typically hear back within 24 hours of requesting an offer. Once you accept, you close on your schedule, pay off what you owe, and keep any equity left over.
Dealing with a related situation?
Missed mortgage payments rarely happen in isolation. Sometimes a bad tenant stops paying rent and the shortfall lands directly on your mortgage. Other times, payments have been missed long enough that you’re already facing foreclosure, and the options change once that happens. Either way, catching the problem early gives you more choices than waiting does.
Frequently Asked Questions
Can I sell my house if I'm behind on payments?
Can I sell my house if I'm in foreclosure?
In most cases, yes, up until the foreclosure sale actually happens. The earlier you start, the more options and time you have to work with.
What happens to my mortgage when I sell?
Your mortgage is paid off directly from the sale proceeds at closing. Since our cash home buyers pay typical closing costs, whatever’s left over after that is yours.
Do I need a real estate attorney to sell before foreclosure?
It’s not required, but it can help, especially if you’re not sure where you stand in the process or what your state’s rules are. A local foreclosure attorney or housing counselor can walk you through your options.
