Can I sell my Jacksonville house before foreclosure?

How we help you work toward closing

We review the house as-is and give you a written cash offer with written terms before you commit. If you choose to move ahead, a title company works through the title, current mortgage payoff, other liens, and closing details with you. You do not need to repair, clean, or clear out the house to sell it to us.

If a sale is scheduled, the date in the notice still matters. A possible sale to us depends on whether the title and payoff work and the required closing steps fit the time left.

North Carolina mortgage-foreclosure steps and deadlines

These steps describe the state process, not a countdown for every loan or property. A qualifying home loan on your main home has a pre-filing notice rule; home-equity lines, reverse mortgages, and other loans may be treated differently. Check your own loan papers, hearing notice, and court record.

1. Before the hearing: For a qualifying home loan on your main home, the servicer must mail a notice at least 45 days before filing for the foreclosure hearing. The hearing notice must be served at least 10 days before the hearing. The 45-day rule does not cover every loan, including home-equity lines and reverse mortgages.
2. At the hearing: The clerk of superior court checks for a valid debt, a default, the right to foreclose, and proper notice. If the clerk lets the foreclosure go ahead, you have 10 days to appeal.
3. Before the auction: The notice of sale is posted at the courthouse for at least 20 days and published in a newspaper once a week for two weeks. The foreclosure sale is a public auction.
4. After the auction: There is a 10-day upset-bid period after the sale report is filed with the clerk. Anyone can beat the high bid by at least 5% and at least $750. Each new upset bid starts another 10-day period. If the final day falls when the clerk’s office is closed, the deadline moves to its next open day.
5. Before the sale is final: Until the last upset-bid period ends, paying the loan and sale costs in full stops the foreclosure. Once a 10-day period ends with no new bid, the sale is final.

• North Carolina Judicial Branch: Foreclosures
• G.S. 45-102: pre-foreclosure notice for covered loans
• G.S. 45-21.16: hearing before the clerk and appeal
• G.S. 45-21.17, 45-21.27, and 45-21.29A: sale notice, upset bids, and when a sale is final
• G.S. 45-21.20: paying the debt before the upset-bid period ends

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.

Ask your lender for a current payoff statement. The title company can review it with the property and lien details to show what would need to be addressed at closing. Any lender decision about a reduced payoff is specific to the transaction.

What happens next

1. Call us or send the Jacksonville property address and any foreclosure notice or sale date you have.
2. We review the house and give you a written cash offer and written terms before you commit.
3. If you choose to move ahead, the title company reviews title and payoff details and works through the closing steps.
4. When you sell to us, we pay the closing costs. Your mortgage, liens, back taxes, and share of current property taxes are separate.

When you sell to us, we pay the closing costs, including North Carolina's excise tax on conveyances.

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.