Pre-Foreclosure
If foreclosure is on the horizon, you have more options than the bank lets on. We can close fast in cash, help you avoid a hit to your credit, and walk you through every step.
Pre-foreclosure is mostly a paperwork race, and the earlier you start it the more room you have. When you call, we ask three things: how far behind you are, whether you've received a notice of intent or a sale date, and what you actually want to happen. Some people want to stay and need a reinstatement plan. Some want out with their credit intact and a little money to move on. We'll tell you honestly which one your numbers support.
If selling is the answer, our offer pays off the loan, the arrears, and any late fees at settlement out of the purchase price. You don't bring money to the table. Because our funds come from a private syndication rather than a bank, there's no loan approval to wait on — which is what makes a 7-to-14-day close possible when a sale date is looming.
What you can expect from us
- Cash close in as little as 7 days.
- We pay off your mortgage at closing — you don't write a check.
- Avoid a foreclosure on your credit report.
- We'll talk to your lender or servicer with you on the line.
- Free, confidential consultation — no credit pull.
- If keeping the house is the better move, we'll say so.
How this works where you live
Foreclosures are non-judicial but require a notice of default with a statutory waiting period and mediation rights before a sale can be scheduled.
Maryland foreclosures run through the courts and start with a notice of intent to foreclose. Loss-mitigation and mediation deadlines are short — dates on the paperwork matter.
Virginia is a non-judicial state and can move fast: a trustee's sale can be advertised and held on a comparatively short timeline, so waiting is expensive.
General information from our own experience — not legal or tax advice.
If your sale date is approaching, the worst thing to do is wait. The earlier we talk, the more options you'll have.