Need to Sell a House Before Foreclosure?

If the property is in Florida

Florida foreclosures run through the courts. The statute provides that all mortgages “shall be foreclosed in equity,” which in practice means the lender files a lawsuit and a judge decides the case — a lender can't simply sell the house on its own. How long that takes varies widely from case to case.

If a foreclosure judgment is entered, the clerk of court conducts the sale, and the statute directs that the sale be set for a date generally not less than 20 days and not more than 35 days after the judgment. Separately, Florida law gives the borrower the ability to cure and stop the sale up until the later of the clerk filing the certificate of sale or the time stated in the judgment — and provides that after that point there is no right of redemption. That deadline is the practical reason people are encouraged to look at their options early rather than late.

This is general information about how the process is structured, not legal advice, and the dates that matter in your case are the ones in your own court paperwork.

Source: Fla. Stat. §702.01 · Fla. Stat. §45.031 · Fla. Stat. §45.0315

If the property is in Texas

Most Texas home loans are secured by a deed of trust that contains a power of sale, so the usual route is a non-judicial foreclosure handled outside of court. That generally moves on a shorter timeline than a court process, which is why Texas owners often have less room to manoeuvre than they expect.

The Texas Property Code sets the framework. Where the property is used as the borrower's residence, the mortgage servicer must first serve written notice of the default by certified mail and allow at least 20 days to cure it before a notice of sale can be given. Notice of the sale itself must then be given at least 21 days before the sale date. The sales themselves are public auctions held between 10 a.m. and 4 p.m. on the first Tuesday of the month at the county courthouse.

Those are statutory minimums rather than a schedule for every case, and this isn't legal advice — the dates that apply to you are the ones on the notices you've received.

Source: Tex. Prop. Code §51.002

Selling before the process is complete

In many cases, a homeowner can still sell a property while they're behind on payments, provided the sale is completed before the process runs its course. Whether that's possible, and how it works, depends on your circumstances, so it's worth confirming with the appropriate professional. If a sale is an option you want to explore, we can move quickly to give you an offer to consider.

Selling as-is

If money is already tight, spending it on repairs usually isn't realistic. We buy homes in their current condition, so you don't need to fix anything or prepare the property for showings.

What you still owe

Whether a sale covers what's owed depends on the property and the balance, and those figures are confirmed as part of the transaction. For a current payoff figure, ask your lender or servicer.

How a cash sale can add flexibility

Because our offers are cash and don't depend on a buyer's financing, a sale can often move on a shorter, more predictable timeline than a traditional listing. That flexibility is part of why some homeowners look into it.