Columbia, MD › Foreclosure
Can I Sell My Columbia House Before Foreclosure?
If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
Often, yes, if the loan can be paid off at closing before the sale. We can talk through your sale date and payoff with you.
We answer 24/7 at 888-274-5006How we help you work toward closing
We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
You get a written offer and written terms before you commit, and we close through a title company.
We can review the sale date and mortgage payoff with you and work toward closing. If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
When you sell to us, we pay the closing costs, including Maryland's state transfer tax, recordation tax and any applicable county transfer tax.
No agent commissions when you sell to us. No fees.
You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
A mortgage foreclosure and a Howard County tax sale are different
A mortgage foreclosure concerns the home loan. In Maryland, an individual acting for the lender holds the sale under the power of sale or assent to decree in the loan documents, after giving you at least 10 days' notice.
The lender must mail a notice of intent to foreclose at least 45 days before filing and cannot file until 90 days after the default. If you own and live in the home, you can generally request foreclosure mediation within 25 days after you are served with the lender's final loss mitigation affidavit. You can catch up the loan until one business day before the sale.
The circuit court must ratify the foreclosure sale before it is final. You have 30 days after notice of the report of sale to file exceptions—objections asking the court to review the sale.
If you live in the house and are at least 60 days behind, Maryland lets you cancel a contract to sell within five days after signing. A deed or other document affecting title cannot be recorded during those five days.
A Howard County tax sale is separate from a mortgage foreclosure and has its own notice and date. Check your notice with the County's tax-sale information below.
Maryland foreclosure-sale law · Maryland foreclosure timing and mediation law · Maryland right to catch up a mortgage before sale · Maryland five-day contract-cancellation law
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
What happens next
- Call or use the form and tell us what is happening with the house and the sale date.
- We review the house and give you written terms before you decide.
- If you choose to sell to us, we work with the title company on title, payoff, and closing.
Close as fast as 7 days when title and closing details allow.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
Local foreclosure and tax-sale information
Howard County Finance publishes local tax-sale information. Read the County's Howard County tax-sale information if you received a property-tax sale notice.
Maryland's Office of Financial Regulation explains the mortgage foreclosure process. Read Maryland's mortgage foreclosure overview.
Questions and contact
Compare an offer with possible sale costs and your payoff in the Columbia home-sale net-proceeds calculator →.
Call 888-274-5006 to talk through the sale date and payoff.
What our sellers say
“LISTEN, PROPERTY TAXES GOT TOO HIGH FOR MY FIXED INCOME. SOLD IT TO THEM. WALKED AWAY WITH CASH. GLAD IT'S OVER.”
“Facing foreclosure ... Very stressful time... They handled it professionally and got me out of the debt...”
“no open houses. no realtors tracking dirt in. just a straight cash sale for our house so we could move. Glad it's over.”
Questions about selling before foreclosure in Columbia, MD
Can I sell my Columbia house before a mortgage foreclosure sale?
Often, yes, if the loan can be paid off at closing before the sale. If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
Is a Howard County tax sale the same as a mortgage foreclosure?
No. A mortgage foreclosure concerns the home loan. A Howard County tax sale is a separate process related to unpaid property taxes, with its own notice and sale date.
What if the payoff is more than my house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
Can I cancel a sale contract if I am behind on my mortgage?
If you live in the house and are at least 60 days behind, Maryland lets you cancel a sale contract within five days after signing. A deed or other document affecting title cannot be recorded during those five days.
What happens after a Maryland foreclosure sale?
The circuit court must ratify the sale before it is final. You have 30 days after notice of the report of sale to file exceptions, which are objections asking the court to review the sale.
We give written cash offers in 24 hours.
Takes 2 minutes. No obligation.