Want To Learn How To Stop Foreclosure Now?

So, are you in foreclosure and want to learn how to stop foreclosure now?  We’ve created free online guides to help homeowners just like you find out your options on getting out of the sticky situation you’re in right now.

You aren’t the first person to go through a foreclosure… and won’t be the last.  So don’t feel ashamed. It happens.

The best thing you can do right now is to educate yourself on your options.  For some people selling your home is the best option (we’ll make a fair all-cash offer on your house today, just let us know about your situation here <<), sometimes we’re able to help homeowners STOP FORECLOSURE completely, and sometimes there are other options.  So, click one of the buttons above to get your free foreclosure guide.

How Foreclosure Works in Massachusetts and New Hampshire

Both states mostly use non-judicial foreclosure, which means the lender can usually sell the house at a public auction without a full court trial. That makes the timeline shorter than many people expect, so it helps to know the steps early.

Massachusetts

Before a Massachusetts lender can speed up the loan and foreclose, it generally has to send you a “right to cure” notice giving you time to catch up on missed payments. Next, the lender usually files a Servicemembers case in the Land Court to confirm you are not on active military duty. After that, a notice of the auction is published in a local newspaper once a week for three weeks in a row and mailed to you before the sale date. Those published notices are often the first time neighbors find out.

New Hampshire

In New Hampshire, the lender must mail you a notice of the sale and publish it in a local newspaper for three weeks in a row before the auction. If you want to try to stop or delay the sale in court, you generally have to act before the auction date, so don’t wait.

Ways Out Before the Auction

Depending on your situation, options can include catching up on payments (reinstatement), a loan modification or repayment plan with your lender, a short sale, listing the house with an agent if you have enough time and equity, or selling the house fast for cash. Talking with a housing counselor or an attorney is a good idea, especially if you have equity you want to protect.

How a cash sale helps

If you sell to Joe Homebuyer New England before the auction, the mortgage is paid off at closing, and any equity left over goes to you, not the lender. We buy houses as-is, close on your timeline, and can often move quickly when an auction date is coming up. Call (617) 857-0000 or tell us about your house here.

Foreclosure FAQ

Can I still sell my house after I get a foreclosure notice?

Usually, yes. Until the auction actually happens, you still own the house and can sell it. The sale pays off what you owe the lender.

What if I owe more than the house is worth?

A regular cash sale may not cover the full payoff. In that case a short sale, where the lender agrees to accept less, may be an option. We’re happy to talk it through with you.

Do you buy houses in foreclosure in my town?

We buy houses across Massachusetts and southern New Hampshire. See our service areas.