General Question when it comes to Pre-foreclosure homes

[Grayson Grzybowski]

Why cant a person who has a lot of equity thats in pre-foreclosure just sell there home and use that to pay off the balance?

[Trevor Schmitt]

They can. The sale price may have to be approved by the lender at that point. 

Sadly, many people won't take the initiative to do so and will sit there and let the bank take the keys.