Sell Your House Before Foreclosure.
With no time to waste, sell to Square One.
Sell Your Home Quick Before Foreclosure
If you’re facing foreclosure and need to sell your house quickly, reach out to a local home buyer in Long Island, New York. By acting now, you can sell your house for cash and avoid foreclosure from damaging your credit. Our team can assess your property’s value and provide a fast cash offer before the foreclosure process advances.
At Square One Home Buyers, we purchase houses as-is across New York. After a quick walkthrough, we’ll present a fair cash offer within 24 to 48 hours. You can close in as little as seven days, helping you stop foreclosure and protect your credit. Call us today at 631-804-6949, and let us make an offer on your house.
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What Happens During Foreclosure?
When you fail to make mortgage payments or breach your mortgage contract, your lender may have the right to repossess your home under the terms of your loan agreement. During foreclosure, the lender takes ownership of the house and attempts to sell it to recover the loan amount.
This could involve selling the property at auction, listing it online, or conducting a short sale to recoup as much money as possible. Even after the sale, you might still be responsible for any remaining loan balance. Common reasons for falling behind on mortgage payments include:
- Loss of income due to death or divorce
- Job loss
- Excessive debt
- Medical emergencies
- Increased living expenses
- Relocating before selling the home
- Damage from a natural disaster
While lenders may offer options like payment plans, missed payments can still lead to foreclosure, which can remain on your credit report for up to seven years, making it harder to buy another home.
If you’re facing foreclosure, you have options to sell your house before it’s too late. Square One Home Buyers can purchase your house as-is, regardless of its condition or your situation. We provide cash offers and a quick closing process to help you avoid foreclosure and move forward. Contact us today at 631-804-6949 to explore your options.
Why Choose Square One?
The traditional way to sell a house involves contacting a realtor, listing the property on an MLS site, and navigating the market. However, this process might not suit your situation. Square One Home Buyers provides an alternative: selling your house fast, directly to us, without the need for a realtor. This approach offers several key benefits, making it a practical solution for those in need of a quick and hassle-free sale.