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Seller guide

Behind on payments? Timing and accurate information matter.

Can a house be sold when payments are behind? Often, yes, provided there is enough time and the transaction can satisfy liens and closing requirements. Exact options depend on the loan, arrears, equity and foreclosure timeline.

Get the exact numbers

Do not rely on estimates. A current mortgage payoff, arrears, fees and any other liens help determine what a sale must accomplish.

Do not wait on deadlines

If a foreclosure process is underway, deadlines can be critical. A real estate buyer cannot give you legal advice or guarantee a sale will stop a foreclosure.

Consider independent advice

Depending on your circumstances, you may want to speak with your lender, a housing counselor, attorney, CPA or licensed real estate professional before deciding what path is best.

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