Can I sell my house if I am facing foreclosure?
Yes. You can sell your house at any point before the foreclosure sale, and the sale pays off the mortgage at closing. Selling first can protect your credit and any equity you have; Southern Home Offers can make an as-is offer and close fast enough to beat many sale dates.
Why this kind of house is hard to sell the usual way
Tennessee and Georgia both foreclose mostly out of court, which moves quickly. Tennessee requires the sale notice to be published starting at least 20 days before the sale; Georgia sells on the first Tuesday of the month after four weeks of published notice.
Listing a house that needs work rarely closes before the sale date.
How we buy it
- We can give you an offer quickly and close in days when the timeline requires it.
- The title company gets the lender's payoff and pays the loan directly at closing.
- If you owe more than the house is worth, we will tell you honestly and point you to a HUD-approved housing counselor or attorney about other options.
How it affects your offer
Same method as every offer. The difference is speed: we prioritize your walkthrough and our closing date around your sale date. See exactly how we calculate an offer.