In most cases, yes. You still own your home until a foreclosure sale takes place, and until then you can sell it, pay off the loan and keep whatever equity is left. The earlier you act, the more choices you have.
What to do this week
- Open the mail and find your dates. Know how far behind you are and whether a sale date has been set.
- Call your lender. Ask what it would take to bring the loan current and what the full payoff amount is.
- Find out what the home is worth. If the value is higher than the payoff, a sale can clear the debt and leave you money.
- Talk to an attorney or a HUD-approved housing counselor. They can explain your rights and options under Alabama law for your specific loan.
Why selling can beat waiting
A foreclosure typically costs you the equity in the home and damages your credit for years. A sale completed before the foreclosure date pays the lender in full and lets you leave on your own terms.
Why this is where Kurt started
Kurt Hayley began selling homes in Auburn in 2006, as the recession closed in, helping neighbors who were facing foreclosure sell or lease their homes, sometimes for no fee. In his words, he has helped people get out of foreclosures by selling their homes in a limited time frame for profit.
How the guarantee helps on a deadline
When there is a hard date, an ordinary listing is a gamble. With the guaranteed sale, you and Kurt agree on a price and a possession date in writing, and if the home hasn't sold by then, Kurt buys it.* The team also markets to cash buyers from day one, which can shorten the timeline further.
The conversation is free and private. Call Kurt directly at (334) 750-4839.
This article is general information, not legal or financial advice. Foreclosure timelines and rights depend on your loan and your situation.