September 25, 2024
We stopped this foreclosure by taking over the mortgage payments
- Orleans Parish,
- New Orleans East,
Sell your house before Foreclosure
Facing foreclosure in Mississippi can be overwhelming—but you do have options. At Home Buyer Louisiana, we help homeowners on the Mississippi Gulf Coast and beyond sell their homes quickly before foreclosure hits their credit or they lose the property completely.
Whether you’re behind on payments, have a sale date coming up, or just don’t know where to start, this guide will walk you through everything you need to know about selling your house before foreclosure in Mississippi.
Mississippi is a non-judicial foreclosure state, which means your lender doesn’t have to take you to court to foreclose. Instead, they can follow a streamlined process under state law using a “power of sale” clause in your mortgage or deed of trust.
Here’s how the timeline generally works:
Missed Payments: After a few missed payments, your lender will send you a notice of default.
Notice of Sale: After at least 30 days, they can publish a foreclosure notice in a local newspaper for 3 consecutive weeks.
Auction Date: Your house can be sold at a trustee auction soon after the notice period.
Because foreclosure can happen quickly in Mississippi (often within 60–90 days), it’s critical to act fast if you want to avoid losing your home or severely damaging your credit.
Yes, you can stop foreclosure—even at the last minute. But your options narrow as the auction date approaches. Selling your home before foreclosure is often the most effective solution, especially if you have equity.
As cash buyers, we can:
Make a fast offer—often within 24 hours
Close quickly (in as little as 7 days)
Pay off your mortgage and prevent the foreclosure
If you’re not sure what stage of the process you’re in, we’re happy to walk you through it and help you understand your options.
Yes, you can sell your house any time before the auction. The earlier you act, the more control you have—and the fewer fees you’ll owe. Once the auction happens, it’s too late.
What if I owe more than the house is worth?
If you have negative equity, we can explore alternatives like:
Negotiating a short sale with your lender
Taking over your mortgage payments (“subject-to”) if the numbers work
We’ve helped sellers in similar situations—even when they thought they were out of options.
Absolutely. Foreclosure can stay on your credit report for 7 years, while selling your home before that point will have a much smaller impact. If you sell and satisfy your debt, you may even qualify for another loan within a year or two.
We’ve closed deals on the Mississippi Gulf Coast in as little as 7 days, depending on title and property condition. Since we buy houses as-is, you don’t need to worry about repairs, agents, or inspections slowing you down.
Having negative equity makes selling before foreclosure challenging but not impossible. While cash buyers generally can’t pay more than the market value outright, sophisticated buyers like Home Buyer Louisiana can negotiate with your lender for a short sale or explore options like taking over your existing mortgage payments. This approach can help you avoid foreclosure, even when you owe more than your home’s current value.
We’re not agents. We’re local investors who have bought hundreds of homes across Louisiana and the Mississippi Gulf Coast. We’re transparent, fair, and focused on helping you find a solution—even if that means referring you elsewhere.
When you reach out to us:
One of our friendly team members will call you—no pressure, no judgment
We’ll talk through your options, timeline, and the foreclosure process
If it makes sense, we’ll make you a no-obligation offer to buy your house fast
The foreclosure clock doesn’t stop ticking—and the sooner you act, the more options you’ll have. Whether you want to sell, need help understanding your rights, or just want a second opinion, we’re happy to help.
Click the “Get Offer” button to speak to a local team member today.
We buy houses all over South Louisiana and the Mississippi Gulf Coast. From Lafayette, to Baton Rouge, to New Orleans, St Tammany Parish to Biloxi and everywhere in between. If you want to sell your house to avoid foreclosure then reach out to our friendly team.
You can also explore these resources for more information:
HUD Foreclosure Help
CFPB: Foreclosure FAQs
1. Tell us about your house and we will give you an estimate of our cash offer
2. If our cash offer is something that will work for you we’ll set up a quick appointment to view the property
3. We’ll give you a written cash offer for your consideration
4. If you are happy, we close at a reputable title company, cash in your hands in as little as 7 days or a date that suits you
We can do step 1 through 3 within 48 hours so you will quickly know whether we are the right the solution for you
September 25, 2024
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January 17, 2023
We are the group of local investors that help people with problem homes. We always treat you professionally and with respect.
We pay cash which means nothing is dependent on banks approval or slowed down by redtape
We buy your house, as-is so you don't need to make repairs or clean the property
We can close quickly, sometimes you can sell your house as fast as 7 days.
You are dealing direct with the buyer so there are no realtor commissions or fees.
We buy houses in ANY CONDITION in Louisiana. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property.
Call or Text us now at: 504-332-7676