Can I Sell My Fairbanks House Before Foreclosure?

How 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. We work with sellers in Fairbanks and throughout Fairbanks North Star Borough. We review the property, payoff information, and title path, then put the offer and terms in writing before you commit; closing is through a title company.

Our agreement of sale will often get a trustee's sale postponed so we can close. Signing alone doesn't postpone it automatically; we use the agreement to ask for the postponement, and it works more often than people think.

The agreement is how we ask the trustee to postpone a sale while we work toward closing. It does not change the noticed date by itself, so keep confirming the current date and required steps with the trustee and title company.

Which sale are you facing?

Mortgage foreclosure

Alaska home loans commonly use a deed of trust. In the usual nonjudicial process, the trustee sells the home at a public auction without a court case. The trustee must record a notice of default at least 30 days after default and at least 90 days before the sale, then mail it by certified mail within 10 days of recording. The sale must also be publicly announced through posted, newspaper, and online notices.

A missed-payment default can generally be cured, and the trustee sale stopped, by paying the amount in default plus foreclosure fees and costs before the sale. After a nonjudicial sale, there is no right to redeem the house unless the deed of trust allows it. A court foreclosure follows a different process and has its own redemption period. Have the title company or an attorney confirm the current amount and deadline for your property.

• Alaska Statute 34.20.070: notice of default and cure
• Alaska Statute 34.20.080: trustee's sale notice and postponement
• Alaska Statute 34.20.090: redemption after a trustee's sale
• Alaska Statute 09.45.190: judicial foreclosure redemption
• Alaska Statute 09.35.250: redemption period

Borough property-tax sale

A borough property-tax sale is separate from a lender's mortgage foreclosure. The mortgage trustee-sale dates and cure rules do not set the deadline for a tax-sale notice. If the notice concerns borough property taxes, use the notice and confirm the account and deadline with Fairbanks North Star Borough.

What happens next

1. Contact us with the property address, the sale date in your notice, and what you know about the payoff.
2. We review the house as-is and give you a written offer and written terms before you decide.
3. A title company reviews the title, obtains payoff information, and works through liens and tax balances for closing.
4. If you choose to proceed, we work with the title company toward closing and request a trustee-sale postponement using the agreement.

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.

When you sell to us, we pay the closing costs. That does not pay your mortgage, liens, back taxes, or your share of current property taxes; the title company reviews those amounts separately against the sale proceeds.

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.

Questions and contact

Compare a possible cash sale with your own payoff and closing assumptions using the Fairbanks sale-proceeds calculator →. It is an estimate, not a property-specific offer or payoff figure.