Can I Sell My Farmington House Before Foreclosure?

How we help you work toward closing

USA Home Buyers buys houses as-is in Farmington, Missouri, and St. Francois County. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.

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.

We review the house, deadline, payoff, and title details, then give you a written offer and written terms before you commit. If you choose to sell, closing is through a title company, which works through the current payoff and title requirements.

Which sale is involved?

Mortgage foreclosure: a trustee’s sale

For a home loan secured by a deed of trust with a power of sale, Missouri allows the lender to foreclose through a trustee’s sale without a court case. The sale is held in the county where the property is located. Missouri law requires at least 20 days’ notice published in a newspaper and notice mailed by certified or registered mail to the owner of record. The notices do not tell us whether a particular sale date has changed, so check the current notice and confirm the date and payoff with the lender, trustee, title company, or an attorney.

If the lender or someone acting for it buys the property at the trustee’s sale, the former owner may have a one-year right to redeem. To keep that right, the owner must give written notice of intent at the sale or within ten days before it, then file a court-approved bond within 20 days after the sale. These are post-sale steps, not extra time to assume before a sale; get advice about the actual case promptly.

Missouri law: RSMo §443.310, place of sale and notice; §443.320, publication; §443.325, mailed notice; §443.410, redemption; and §443.420, redemption notice and bond.

Delinquent property taxes: a separate sale process

A county tax-sale notice is not a lender’s mortgage-foreclosure notice. The mortgage deadlines above do not set tax-sale deadlines. Follow the dates and contact instructions on the tax notice and check the parcel with the St. Francois County Collector.

What happens next

1. Contact us about the Farmington house and the deadline on your notice.
2. We review the property and provide a written offer and written terms before you commit.
3. If you choose to move ahead, a title company checks the title and obtains current payoff information.
4. At closing, the title company uses the written settlement figures to handle applicable payoffs and transfer the property.

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. The seller's mortgage payoff, liens, back taxes, and share of current property taxes are separate from closing costs and are reflected in the title and settlement figures.

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 possible proceeds using the Farmington home-sale net proceeds calculator → with your own payoff and cost figures. It is an estimate, not a property-specific offer or settlement statement.

You can also read the Farmington reviews and trust information, the Farmington seller guide, or the Farmington market report.