Sell My House Fast Before Foreclosure
Need to sell your house fast before foreclosure? Lifestyle Runners LLC is a premier we buy houses company with a team of dedicated professionals.
Get Your Fair & Honest All-Cash Offer Today! No Obligations!
Facing Foreclosure?
Sell My House Fast Before Foreclosure - Get Cash in 7 Days
Time matters when you’re facing foreclosure. Our team helps homeowners sell their house fast and avoid the devastating effects of foreclosure.
Selling your house before foreclosure is possible with a cash buyer. The process takes 3 steps:
- Contact a cash buyer
- Get a guaranteed offer within 24 hours
- Close in as little as 7 days with no fees or repairs
Understanding the Foreclosure Process
Your lender starts foreclosure proceedings after you miss several mortgage payments. The clock starts ticking from your first missed payment. Most lenders begin the foreclosure process after 3-4 missed payments.
You’ll receive notices from your mortgage lender through certified mail. These documents explain your default status and payment requirements. The pre-foreclosure period gives you time to explore your options.
Unfortunately, a foreclosure notice affects your credit score immediately. Your score can drop by 100+ points after just one missed payment. This impact lasts for seven years on your credit report.
Once it starts, the legal process moves quickly. Your lender can take possession of your home and sell it at a foreclosure auction. You’ll lose any equity you’ve built in the property.
Signs You're at Risk of Foreclosure
Watch for these warning signs if you’re struggling with payments:
Late Payment Notices: Your mortgage company sends these after each missed payment. The tone gets more serious with each notice.
Default Letters: These formal documents state you’ve broken your mortgage loan agreement. You’ll have a short time to catch up on payments.
Sale Date Notice: This final notice sets your foreclosure sale date. You must act fast to avoid foreclosure at this stage.
Your options narrow as time passes. Many homeowners lose precious time hoping things will improve. Quick action gives you more control over the outcome.
Comparing Your Options
Let’s look at your choices side by side.
| Feature | Traditional Home Sale | Selling to Us |
|---|---|---|
| Time to Close | Often 3-6 months | As little as 7 days |
| Repair Requirements | Costly renovations often needed | None – We buy in as is condition |
| Showings and Open Houses | Multiple showings required | No showings or open houses |
| Realtor Fees and Commissions | 5-6% of sale price | Zero realtor fees |
| Closing Costs | Typically paid by the seller | We cover all closing costs |
| Financing Contingencies | Common, with potential delays | None – We pay cash directly |
| Certainty of Sale | Sale dependent on market conditions | Guaranteed sale, no uncertainty |
| Control Over Closing Date | Limited flexibility | You choose your closing date |
Lifestyle Runners LLC Advantage - No Realtor Fees, No Headaches
The real estate market doesn’t matter to us at Lifestyle Runners. We purchase homes in any condition. No need to host open houses or wait for bank approvals.
Success rates tell the story. Traditional sales fail 30% of the time in foreclosure situations. Cash sales complete 100% of the time – guaranteed.
The risks? Traditional buyers might get cold feet. Their loans might fall through. The house might need repairs you can’t afford.
Cash buyers eliminate these headaches.
Ready to explore your options? Our team responds to all inquiries within 24 hours. Let’s stop your foreclosure clock today.
Why Choose a Cash Home Buyer?
Time is your most valuable asset when you need to sell a house in foreclosure. Our team moves fast. Really fast.
You’ll save thousands in fees and repairs. No real estate commissions. No closing costs. No surprise expenses.
A traditional home sale demands repairs and cleaning. Not us, though. Your house can have leaky pipes or outdated cabinets. We don’t care.
Concerned about the amount of paperwork? We handle everything. Our team talks directly with your lender. You won’t spend hours on the phone with mortgage companies.
Our cash offer means guaranteed closing. Banks can’t deny our purchase. Mortgage approvals can’t fall through. The sale just works.
Your mortgage payments stop sooner with us. Most clients close in 7 days. That’s instant relief from monthly payments and late fees.
Options for Homeowners Facing Foreclosure
Homeowners facing foreclosure have several paths forward. Here’s what you need to know about each one:
- Loan modification changes your mortgage terms. Your lender might lower your interest rate or extend your payment timeline. But here’s the catch: The approval process takes months.
- A short sale means selling your house for less than you owe. Your lender must approve this option. Most short sales take 4-6 months to complete.
- Repayment plans spread your missed payments over time. You’ll pay extra each month to catch up. This works if your money troubles are temporary.
- Selling your home puts you back in control. You keep your equity and avoid credit damage. Cash buyers can close in days, not months.
- Bankruptcy stops foreclosure temporarily, but the long-term consequences last for years. Your credit score might not recover for a decade.
- A deed in lieu gives your house back to the bank voluntarily. The bank might still come after you for the remaining balance.
Need a faster solution? Let’s talk about your options. Our team at Lifestyle Runners buys houses in any condition – we can help you avoid these headaches entirely.
The True Cost of Foreclosure
Foreclosure hits harder than most homeowners expect. Your credit score drops immediately – often by 200 points or more. This damage sticks around for 7 years.
You might wonder: “Do you get any money if your house is foreclosed?” The answer is no. The bank sells your house and keeps the proceeds. You lose all your equity.
The pain doesn’t stop there. Your lender can demand a deficiency judgment for any remaining balance. This means you’ll still owe money after losing your home.
Moving gets harder too. Landlords check credit scores. So do employers. Your financial hardship follows you everywhere.
Tax season brings more surprises. The IRS counts forgiven mortgage debt as income. You’ll pay taxes on money you never saw.
Stop Foreclosure Now
Tell us about your situation. One phone call starts everything. We listen first:
- What’s your timeline?
- How much do you owe?
- When did the foreclosure process start?
The consultation takes 15 minutes. No pressure and no sales pitch. Just straight answers about your options. You’ll share basic details about your home:
- Property address
- Number of bedrooms
- Current condition
- Mortgage balance
Our team checks recent property sales in your neighborhood. We look at real numbers, not guesses. You’ll get a fair offer within 24 hours.
The offer breaks down every number clearly:
- Your cash payment amount
- Zero deductions for repairs
- No hidden charges or surprises
- No realtor commissions
Local real estate professionals determine your home’s true value. We explain our math in plain English. No real estate jargon.
Your offer comes with a written guarantee. The price won’t change at the last minute. The deal won’t fall through.
Can I Sell My House to Avoid Foreclosure?
The short answer is yes – you absolutely can sell your house to avoid foreclosure. Here’s the good news: selling during pre-foreclosure puts money in your pocket instead of the bank’s.
The pre-foreclosure process gives you time to make moves. Most homeowners have 3-4 months before their lender schedules an auction date. This window matters.
Mortgage companies often prefer a sale over foreclosure. They save money on legal fees and property maintenance. Your lender might even help speed up the process.
You’ll need these documents ready:
- Mortgage statements
- Notice of default
- Property tax records
- Recent utility bills
- Home insurance policy
Time runs differently in pre-foreclosure. Regular tasks need to happen faster. Each week counts toward saving your credit score and equity.
Convenient Next-Day Cash Offer
Skip time-consuming phone calls or long list of preparations. Instead request a free cash offer for a quick, seamless and fair selling process.
FAQ'S
Frequently Asked Questions
Yes! You can sell a house in foreclosure until the auction date. The pre-foreclosure period gives you time to explore options.
Your legal rights stay intact during this time. You own the house until the bank completes the foreclosure. The sale just needs to happen quickly.
Most lenders prefer a sale over foreclosure. They’ll often pause the process if you have a serious buyer.
The timeline varies. Most homeowners have 3-4 months after their first missed payment. The foreclosure process moves faster after that.
Key deadlines matter:
- 30 days: First missed payment notice
- 120 days: Foreclosure can legally start
- Final notice: Usually 2-3 weeks before auction
Take action early. More options exist in the first stages of foreclosure proceedings.
The answer depends on your equity. The lender gets paid first from the sale proceeds. Any remaining money goes to you.
Here’s the payment order:
1. Outstanding mortgage balance
2. Late fees and legal costs
3. Any other liens
4. Your equity (what’s left)
Selling before foreclosure saves your credit score. Late payments might show up, but foreclosure won’t.
Recovery happens faster too. You could qualify for another mortgage in 2 years. A completed foreclosure takes 7 years to clear.
No! Cash home buyers offer a faster solution. Real estate agents can’t guarantee a sale. We can.
Agent costs add up:
- 6% commission
- Marketing fees
- Staging costs
- Repairs and cleaning
Absolutely. Many homeowners sell while behind on payments. The sale proceeds pay off your missed payments.
Your lender might even help. They prefer a fast sale over a lengthy foreclosure process.
Next Steps
Our Simple Process to Stop Foreclosure
Ready to sell your house fast? Here’s our simple three-step process.
Tell Us About Your Home
Call us or fill out our form online. Just give us your property address and basic details about your home. We’ll schedule a quick chat to learn more about your situation. And don’t worry, our consultation is free. You have zero obligations.
Text or call us today at (570) 578-1329. We will answer any questions.
Get Your Fair Cash Offer
We move fast. Our team reviews your information and visits your property if needed. You’ll receive a competitive cash offer within 24 hours. We don’t play games, so there are no hidden fees.
Our fair offer reflects the current market value of your home. We explain everything clearly so you know exactly what you’re getting.
Close On Your Schedule
You pick the closing date. If you need to sell fast, 7 days is all we need to wrap up. Want more time? No problem. We can do that, too.
Once you accept our offer, we handle all the paperwork. We work with trusted real estate professionals who make the closing process smooth. The cash goes straight to your bank account.
Sell Your House Fast & Get Your All-Cash Offer Today
Our cash home buyers in Orlando Florida are ready to make you a fair cash offer today.
