New Orleans, LA / Foreclosure
Can I Sell My New Orleans House in Foreclosure?
Our agreement of sale will often get a sheriff'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.
Yes, selling may still be an option before a Louisiana sheriff's sale if the closing pays the debts and charges needed to clear title. Louisiana mortgage foreclosures use a court proceeding, either ordinary process or executory process. The lender's payoff can include the loan balance, interest, attorney fees and court costs. If you receive a notice of seizure or already have a sale date, call us now and share the date.
Louisiana law describes the mortgage payoff statement in Code of Civil Procedure article 3721, and notice of seizure in Louisiana Revised Statutes 13:3852. Check your own court papers for the current status and dates.
Call USA Home Buyers — 888-274-5006We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the property address and what the notice says.
How we can help
USA Home Buyers buys houses as-is in the City of New Orleans and Orleans Parish. We buy houses in any condition — no repairs, cleaning or cleanout required to sell to us. We review the property and give you written terms before you commit, then work toward a title-company closing.
When a sheriff's sale is scheduled, our agreement of sale will often get it 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. Keep following the dates in your notices while we work through the sale.
Mortgage foreclosure or a property-tax notice?
A mortgage foreclosure involves a lender enforcing a mortgage debt. A property-tax notice concerns unpaid property taxes; that is a separate matter, not the same mortgage foreclosure. The notices and timing are different, so don't use one deadline for both. If your paperwork is about property taxes, the City of New Orleans Bureau of Treasury has a Find Your Tax Bill lookup. It is a bill-lookup route, not confirmation of a tax-sale date or a decision about your case.
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. It may include more than the loan balance, such as interest, attorney fees and court costs. We can review the numbers with the title company as we work toward a closing.
What happens next
- Call us or send the property address through the form. If you have a notice of seizure or a scheduled sheriff's-sale date, tell us when you contact us.
- We review the house and provide a written cash offer and written terms before you commit.
- If you want to move forward, a title company works through title and the current payoff information, including the mortgage and other amounts that need to be addressed at closing.
- At closing, the required payoff amounts are handled from the sale proceeds. When you sell to us, we pay the closing costs. Your mortgage, liens, back taxes and share of current property taxes are separate from that promise.
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.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Tell us about the house and the notice or sale date.
Local records and tax-bill help
For recorded Orleans Parish land documents, the Clerk of Civil District Court has a separate Land Records Division. The clerk provides a public route for land-record questions; the record for a particular house still needs to be checked.
For a City property-tax bill, use the Bureau of Treasury's Find Your Tax Bill lookup. It does not establish a tax payoff, lien, tax-sale status or deadline for a specific property.
Estimate possible sale proceeds with the New Orleans calculator →
Questions about selling a New Orleans house in foreclosure
Can I sell my New Orleans house before a foreclosure sale?
Often, yes, if the sale closes before the sheriff’s sale and the closing pays the debts and charges needed to clear title. The current payoff, title work, court status and sale date all matter. Call us and tell us what notice or date you have.
Will signing an agreement automatically postpone a sheriff’s sale?
Our agreement of sale will often get a sheriff’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.
Is a property-tax sale the same as a mortgage foreclosure?
No. A mortgage foreclosure concerns a debt secured by a mortgage; a property-tax notice concerns unpaid property taxes. They are different matters, with separate notices and timing. The City’s tax-bill lookup can help you find bill information, but it does not confirm a tax-sale date or decide what applies to your property.
What if my mortgage 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. A current payoff and the title details will show what needs to be addressed for a sale.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the address and what you know about the foreclosure notice.