10 Top Companies That Buy Houses Before Foreclosure Fast

You can sell your house fast before it goes into foreclosure. A quick sale not only can prevent foreclosure, but it can also save you from featuring that major ding on your credit report.

The smart sale to avoid foreclosure is one where your buyer pays cash and moves at lightning speed to close.

This protects you from additional late fees and interest, and gets you out from under a looming foreclosure auction.

The investors in our network have cash to buy, and they can move at lightning speed!

Yes! We partner with a network of professional investors who buy pre-foreclosure properties in every state.

Your house might be a rural farm or a single-family home in an urban neighborhood – the cash buyers in our network are interested!

You may live in a loft in the city center or in a tract in the suburbs – the professional investors we partner with are eager to talk with you about your property.

Request a no-obligation cash offer by using the web platform, and we can match you with a local investor partner interested in buying your property.

Our investors can close the escrow on your home quickly, sometimes in a matter of just days. The average time to close with our partnering cash buyers is 3-30 days from the time you ink the sales contract.

Professional investors understand that you need to sell your house when you are in foreclosure, and a speedy close is their focus.

And if your house goes into foreclosure during the time in escrow with them, the cash buyers we partner with have the expertise to guide you through that transition to still close the sale and avoid the credit stigma of a foreclosure.

Absolutely, you can sell a home in foreclosure in as-is condition!

While you are legally able to sell as a fixer, the reality is it’s less likely that you’ll be able to find a traditional buyer when you sell as-is. Most home shoppers look for turnkey properties.

They do not want to buy a home that needs repairs. Only a fraction of fixers each year are sold to traditional buyers.

The good news is investors are eager to buy your home in as-is condition. The cash buyers on our partner network have purchased homes with all of the following problems:

There’s no need to strain your budget even more to do any repairs to your property. Our professional real estate buyers want to buy your home as is – simply sign the contract and close the sale!

Our partnering cash buyers are interested in a single-family house that is in foreclosure or pre-foreclosure, but they also look to buy multi-family properties and other types of real estate.

Many of the professionals in our network focus on purchasing mobile and manufactured homes. A number also specialize in buying vacant land.

When you request a free all-cash offer, we can match you with an experienced investor that’s interested in your specific property type.

Our investors buy the following and more:

There are significant benefits in selling your pre-foreclosure house to our partnering cash buyers. 

The professional investors in our network also typically pay your closing costs. That’s a significant cash savings.

They’ll also work with you to make the move easier. If you have items you no longer want, no problem. Simply leave them in the property for the investor to handle!

You can skip all the lender late fees – and the extra interest on those charges – by not waiting to sell a house when it is in foreclosure.

Contact us for a quick, no-obligation cash offer. 

The algorithm of how to sell a house before foreclosure is almost the same as a typical home sale, but once your lender has filed a foreclosure action, you’ll need to add one important step.

You’ll sign a sales contract with your buyer, but you then must also submit that document to the lender for approval.

Once you have that OK, the sales process follows the steps of a traditional sale. Your buyer’s agent, or your cash investor, then opens escrow.

In a traditional sale with a buyer who needs a mortgage, you’ll wait for the lender to qualify the buyer and appraise your house. That takes weeks, sometimes months in a foreclosure situation.

You’ll continue to pay lender penalties and interest on your outstanding debt while waiting.

Selling to a cash investor skips the delays. Your cash buyer can move quickly to close, sometimes in a matter of just days. This saves you those added lender late fees and interest!

Yes, you can sell your house if it's in foreclosure.

If you use a real estate agent when selling a home in foreclosure, you must disclose to potential buyers that you need to sell the house due to foreclosure.

That’s a red flag that the closing might be delayed, and that may deter a number of potential buyers from looking at your house.

When you sell a foreclosure property to a professional investor, they’re not deterred by the fact you’ll need to also work out the sale details with your lender.

The quickest and easiest way to sell your home while it’s in foreclosure is to sell to a cash investor.

It’s too late to stop foreclosure once your property is sold at a foreclosure auction, but sometimes you may be able to purchase your house back from the auction buyer.

During the right-of-redemption period, you may have a window to redeem your house. You ‘ll need to pay the buyer’s price, plus any commissions or auction fees.

You’ll also be on the hook to pay the cost of any repairs or upgrades done to the property by the new buyer.

It’s unlikely you’ll find a lender to write a mortgage to redeem your house, so you’ll also need cash to complete the redemption.

You typically have a small window of time to do the repurchase when it’s legally permitted. That might be the period from the time the auction gavel comes down until the court confirms the sale. This is only a matter of days in some cases.