Sell Your Pre-Foreclosed Home or Commercial Property

We Will Buy Your Pre-Foreclosed Home or Property

At OHIO 4CLOSURE, we understand the challenges and emotional toll of facing foreclosure. Our primary mission is to help you keep your home or investment property and assist in repairing your credit. 

However, if you have exhausted all options to arrange with your lender to stay in the property, we offer a solution: we will buy it. This step can give you a fresh start and prevent the long-term impact of foreclosure on your credit.

Our Property Purchase Process

When facing foreclosure, time is of the essence. Our property purchase process is streamlined to ensure a swift and efficient transaction. We start by evaluating your property and understanding your unique situation. This includes assessing the property’s value, understanding the amount owed, and the timeline you are working with.

Our team then makes a fair and competitive offer. If you decide to proceed, we will handle all the paperwork and details, aiming for a quick and hassle-free closing. This process is designed to provide the funds you need to pay off your mortgage and move forward.

Can You Sell a House in Foreclosure in Ohio?

Yes, it is possible to sell your home in Ohio even when in foreclosure. Selling during this period has several advantages:

Avoid Foreclosure on Your Credit Report

Foreclosure can remain on your credit record for seven years, impacting your ability to secure loans in the future.

Opportunity to Purchase Another Property Sooner

With a foreclosure on your record, getting a new mortgage can be challenging. Selling your home during foreclosure can help you avoid this issue and secure new housing more quickly.

No Deficiency
Balance

If the sale proceeds cover the mortgage and associated fees, you won't have a deficiency balance to worry about, which can happen in a foreclosure.
It's important to have realistic expectations and to understand that if the market value of your property is less than what you owe, you may still face challenges post-sale.

Frequently Asked QuestionsAbout Selling Your Pre-Foreclosed Home

  • When should I sell my pre-foreclosed home?

    The best time to sell is during the pre-foreclosure period, not when the foreclosure process has already begun. This ensures you have enough time to complete the sale without the pressure of a looming foreclosure deadline.

  • Will selling my pre-foreclosed home affect my credit?

    Selling your home during the pre-foreclosure period can have a less detrimental impact on your credit compared to going through a full foreclosure process. While it may still affect your credit, the consequences are generally less severe than a foreclosure entry.

  • What is the foreclosure process or timeline?

    The foreclosure process and timeline can vary based on your specific circumstances and state laws. Typically, foreclosure begins after a few months of missed payments, with the lender sending a demand or notice to accelerate. The timeline for the actual sale of your property can vary greatly, depending on several factors, including your lender’s policies and state regulations.

Sell Your Home and Protect Your Credit

Facing foreclosure can be a daunting experience, but at OHIO 4CLOSURE, we are here to help. Whether it’s buying your pre-foreclosed home or guiding you through alternative solutions, our goal is to help you navigate this challenging time with dignity and hope for a brighter future.

Contact us today to explore your options and take the first step toward resolving your foreclosure situation.

614-687-1964

How it Works: Our Process

Three Simple Steps
to Save Your Credit and Property

Complete Our Easy Questionnaire

We ask seven questions so we can research your property.

Schedule
An Interview

We’ll schedule a meeting – virtual or in-person – to get more specific information and understand what your end-goal is.

Consultation
and Engagement

We’ll meet with you again – virtual or in-person – to recommend the best solution for your situation and review the next steps to get started.

Schedule a Consultation614-687-1964

Schedule a Free Consultation

After you fill out our form, we will contact you to review our process and answer any questions you may have.