GET STARTED | Get Your Fair Cash Offer Today

  • This field is for validation purposes and should be left unchanged.

Can I Sell My House in Foreclosure in Florida?

Do you have a Florida house that’s in, or heading into, foreclosure right now? Many people going through the foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell your property prior to foreclosure. Generally, the sooner you start, the better.

Can I Sell My House in Foreclosure in Florida? – How it works

In Florida, many individuals have experienced foreclosure in recent years due to changes in the economy. Banks have adjusted their approach to handling foreclosures, aiming to prevent homes from being abandoned or auctioned off. This is because banks benefit the most when they assist homeowners in avoiding foreclosure by facilitating the sale of their property, remember they’re in the business of making money through loans. However, navigating the foreclosure process with banks can be challenging. With our extensive experience in working with banks to halt foreclosures, we have acquired valuable insights and strategies to support you through this process.

Working With Banks During The Foreclosure Process

  1. Always over-communicate with the bank (but don’t be annoying). Call with updates when you have them to show what you’re doing to get your property sold or the situation resolved.
  2. Always get the required info in on time. If you’re going to be late with anything, call or send a message that you are working on it and provide an updated estimate of when you’ll have everything complete.
  3. Remember, bankers are just people too. Don’t be too dramatic, but explaining your situation and demonstrating you’re really working hard to fix the problems goes a long way.
  4. Document everything. Make sure to keep careful notes about all communications you have with the bank. Nothing counts unless it is in writing. Make sure to keep track of each person you speak to, what you discussed, and any commitments made.
  5. Explore all your possible options, including short sale, loan modifications, and bankruptcy. Depending on the details of your personal situation, you may be able to dramatically slow down the foreclosure process with enough effort. Each bank has its own policies to help borrowers avoid foreclosure. Don’t forget, banks are in the process of making money through loans, it’s in their best interest to avoid having to foreclose on a property too.
  6. Don’t wait. Unfortunately, time is not on your side. The further behind you become on payments, the fewer options are available to you, and the more difficult it will be to dig yourself out of a hole.

If you’ve run into issues, and are looking to sell your Florida house in foreclosure fast, call us now.

We specialize in helping homeowners in tough situations, including foreclosure, in Florida get out of difficult situations and avoid foreclosure. In certain circumstances, we can negotiate directly with the bank to reduce the amount you owe and (sometimes) even help you walk away from your property with cash.

If you need to sell a property in Florida, we can help you.

We buy properties like yours from people who need to sell fast.

Give us a call at (941) 882-9441 anytime
or fill out the form over here today! >>

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

Get Your Free No-obligation Cash Offer Today!

  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *

(941) 882-9441