Facing Foreclosure? We Can Help You Sell Fast

Sell Your House Before Foreclosure in Indiana

If you've received a foreclosure notice or are behind on mortgage payments, time is critical. A foreclosure can stay on your credit report for 7 years, making it difficult to buy another home, get credit cards, or even rent an apartment.

At Distressed Property Solutions, we specialize in helping Indiana homeowners sell their homes quickly before the foreclosure process is complete. Here's how we can help:

Benefits of Selling Before Foreclosure

• Protect Your Credit: A foreclosure can drop your credit score by 100-300 points. Selling before foreclosure minimizes credit damage.
• Avoid Deficiency Judgments: If your home sells for less than you owe at auction, you could be liable for the difference. We help you avoid this.
• Get Cash in Hand: Depending on your equity, you may walk away with cash instead of nothing.
• Fresh Start: Move on with your life without the stigma and financial burden of foreclosure.
• Fast Closing: We can close in as little as 7 days—often before your foreclosure sale date.

Indiana Foreclosure Timeline

Indiana uses judicial foreclosure, which means the lender must go through the court system. This typically takes 5-7 months, giving you time to act. Key stages include:

• Missed Payments: After 90+ days, your lender will likely begin foreclosure proceedings.
• Notice of Default: You'll receive official notice that foreclosure has begun.
• Court Proceedings: The lender files a lawsuit and you have the opportunity to respond.
• Judgment: If the court rules in favor of the lender, a sale date is set.
• Sheriff's Sale: Your home is auctioned to the highest bidder.

The key is to act before the sheriff's sale. Once the auction occurs, you lose all options. Contact us today for a free, no-obligation consultation to discuss your situation.

We Buy Houses in Any Condition

Behind on repairs too? Don't worry. We buy houses as-is, regardless of condition. No repairs needed, no cleaning required. We'll make you a fair cash offer based on your home's current condition and market value.