Published October 6, 2026 by Divine Good Offers
Yes, Until the Auction
A foreclosure filing is a legal process, not an instant loss. From the first missed payment to the auction often takes months, and in some states more than a year.
During that whole time, you remain the owner. You can list the house, sell it yourself, or sell it to a cash buyer.
Why Selling Beats Losing It
If your house is worth more than you owe, that difference is your equity. A foreclosure auction rarely gets full value, and fees eat what is left.
Selling before the auction lets you capture that equity yourself. Your loan gets paid off at closing and the rest is yours.
How Fast Does It Need to Happen?
A traditional listing can take 60 to 90 days or more, which may run past your auction date. A cash sale can close in 7 to 21 days.
If your auction is coming up fast, call (516) 331-1907. We buy houses in six markets and we can often close before the court date.