Foreclosures options advice
Are you still able to sell your house while in foreclosure?
#2 Real Estate Agent Contributor
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- Coppell, TX
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#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
Yes....but you may have to be fast. Try to save your equity if you can. Better for you to sell and try to get some cash than let the bank take it. Normally you can sell for more than they would.
Also you may be able to delay foreclosure if you have a great contract but buyer can't close before foreclosure date. A great realtor may be able to assist you with that.
if it helps you you might also ask the buyer for some type of temporary lease. So that gives you time to move after closing and after you have your cash in hand...maybe 30-60 days.
If you are still working and still have income and want to stay in your home you might ask your lender if they can do something to help you stay. They may have special programs or methods to help you so that.
