Woonsocket, RI · Providence County · Foreclosure
Can I Sell My Woonsocket House Before Foreclosure?
If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it. A sale may still be possible before the auction if the closing happens in time. Call as soon as a notice arrives or a date is set; we can review the notice and timing with you.
We answer 24/7 at 888-274-5006.
How we help with a Woonsocket foreclosure sale
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.
No fees. No agent commissions when you sell to us. When you sell to us, we pay the closing costs, including Rhode Island's real estate conveyance tax.
If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
Mortgage foreclosure and a tax sale have different deadlines
Rhode Island lets a lender foreclose without a court case when the mortgage includes a power of sale. A lender can also foreclose through a court case. Under the power-of-sale process, the lender mails the homeowner a certified notice. For a typical homeowner loan, that notice comes at least 30 days before the first newspaper notice. The sale notice then runs once a week for three weeks, starting at least 21 days before the public auction. A completed sale under the power of sale ends your right to redeem the house.
For a covered first mortgage on an owner-occupied home with one to four units, the lender normally must take part in a free mediation conference through a Rhode Island HUD-approved housing counseling agency before a power-of-sale foreclosure. The conference must be scheduled within 60 days after notice is mailed. Reverse mortgages and defaults on or before May 16, 2013 are excluded, along with other exceptions in the law.
A Woonsocket property-tax sale is separate from a lender's mortgage foreclosure. The City's Treasury / Tax Collections office handles City property-tax and water and sewer charges. The tax-sale notice has its own date, so share that notice with us too.
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.
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. We can go over the notice with you, review the written offer and terms before you commit, and work with the title company on the lender payoff and closing details.
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.
Woonsocket tax and foreclosure information
Woonsocket Treasury / Tax Collections handles City property taxes and water and sewer charges. The City also provides a municipal lien certificate request. Not sure which notice you have? Call us — we'll sort it out with you.
We give written cash offers in 24 hours.
Takes 2 minutes. No obligation.
Estimate possible sale proceeds with the Woonsocket calculator →
Foreclosure questions for Woonsocket sellers
Can I sell my Woonsocket house before a foreclosure sale?
A sale may still be possible if it closes before the auction. If a foreclosure sale is scheduled, tell us the date right away so we can try to close before it.
Is a Woonsocket tax sale the same as a mortgage foreclosure?
No. A mortgage foreclosure involves the lender's mortgage. A Woonsocket property-tax sale is separate, and the City's Treasury / Tax Collections office handles City property-tax and water and sewer charges. Tell us the date shown on your notice so we can review which sale you are facing.
Can a Rhode Island lender foreclose without going to court?
Yes, when the mortgage includes a power of sale. A lender can also foreclose through a court case. For a covered first mortgage on an owner-occupied home with one to four units, the lender normally must take part in a free mediation conference through a Rhode Island HUD-approved housing counseling agency before a power-of-sale foreclosure. The conference must be scheduled within 60 days after notice is mailed. Reverse mortgages, defaults on or before May 16, 2013, and other statutory exceptions are excluded.
What if the payoff is more than my Woonsocket house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
How quickly can a sale close?
Close as fast as 7 days when title and closing details allow.
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.”
We give written cash offers in 24 hours.
Takes 2 minutes. No obligation.