If you’re in pre-foreclosure and have equity in your home, you still have options. Many homeowners assume that falling behind on mortgage payments automatically means foreclosure—but that’s not the case. Even if you’re facing financial challenges, you can still use your home’s equity to sell and potentially walk away with cash, instead of losing your home.

How Equity Can Help You in Pre-Foreclosure

Equity represents the value of your home beyond what you owe on your mortgage. If your home’s market value exceeds the remaining mortgage balance, you can sell your home at a profit—even if you’re behind on payments.

Selling Your Home with Equity, Even When Behind on Payments

 1. You Can Still Sell: If your home is worth more than what you owe, you have the opportunity to list your property, pay off the remaining mortgage, and use any remaining equity for a fresh start.

 2. Avoid Foreclosure: By selling your home before the foreclosure process is complete, you can avoid the negative impact on your credit score that foreclosure brings.

 3. Cash in Your Pocket: Unlike a short sale, selling a home with equity can leave you with cash after closing. This can help cover relocation expenses, pay off other debts, or provide a financial cushion as you move forward.

 4. Negotiate with Your Lender: In some cases, lenders may agree to delay foreclosure proceedings if you show intent to sell. This gives you more time to find a buyer and complete the sale.

Don’t Wait – Act Now to Protect Your Future

We specialize in helping homeowners in pre-foreclosure. If you have equity in your home and are facing pre-foreclosure, the clock is ticking. The sooner you act, the better your chances of selling on your terms. Contact us today for a free consultation. We’ll evaluate your situation, market your property effectively, and help you make the most of your home’s equity before it’s too late. 559-708-1604

Juvenal Cazares III | REALTOR

DRE#01743817 | REAL BROKER