The deadline won’t wait for you
If your foreclosure sale is approaching and selling is still one of your options, waiting until the final days can create a problem that price alone cannot solve: not enough time to close.
A buyer can make an offer quickly. But an offer is not a completed sale.
There is still work between an offer and closing
Even with a cash purchase, the transaction may still need time for:
- a signed purchase agreement;
- title review;
- mortgage payoff information;
- taxes, liens, or other title requirements;
- signatures from everyone required to sign;
- closing, funding, and recording.
Some files move quickly. Others uncover something that needs additional documents or time.
The earlier the transaction starts, the more room there is to solve those issues.
Don’t count on time that has not been approved
If your mortgage company has confirmed a postponement, modification, repayment arrangement, or another solution, follow the terms they provided.
But if the foreclosure sale is still scheduled, do not assume an application, phone call, request, or pending review has moved the deadline.
Treat the scheduled sale date as real unless the appropriate party confirms otherwise.
If selling makes sense, get the number now
You do not have to commit to selling just to find out what CashAsIs can offer.
Getting an offer now lets you compare:
- the CashAsIs purchase price;
- your mortgage payoff;
- any applicable taxes or liens; and
- the time remaining before the foreclosure sale.
If the numbers work and you decide to sell, starting sooner leaves more time for title and closing.
Waiting can take the decision out of your hands
The goal is not to pressure you into selling.
It is to avoid reaching the point where you decide that selling is the right move after there is no longer enough time to complete the transaction.
If your scheduled foreclosure date is approaching and you have not secured another workable solution, now is the time to seriously evaluate a sale.
See what CashAsIs can offer
CashAsIs can review the property as-is. You do not need to repair, clean, stage, or show the property before we make an offer.
Send us:
- The property address
- Your scheduled foreclosure sale date
- Any recent foreclosure notice you have available
We’ll review the property and let you know what we can offer.
If selling is still an option, don’t wait until the last minute to find out whether the numbers work.
Houston homeowners can review your real options to stop foreclosure in Houston.
CashAsIs is a property buyer, not a lender, law firm, or foreclosure-relief service. A purchase is not complete until closing, and CashAsIs does not guarantee that a foreclosure will be postponed or stopped. Contact your mortgage servicer or a qualified professional for questions about your loan, legal rights, or foreclosure-prevention programs.