Act before the lender forecloses.

If you are currently facing foreclosure and want to sell your house fast, contact a local house buyer in Long Island, New York. If you act now, you can sell your house for cash and walk away without letting foreclosure ruin your credit. Our local investors can assess the value of your property and make a fast cash offer before your house goes to foreclosure.

At DealHouse, we buy houses as-is in New York. Let us do a quick walkthrough of your house and make a fair cash offer within 24 to 48 hours. You can close on your house in as little as seven days, allowing you to stop foreclosure and keep your good credit intact. Contact us today at 631-388-6640, and let us make an offer on your house today.

When you fail to make your mortgage payments or if you breach your mortgage contract, your lender may be able to repossess the home according to the guidelines in your loan contract. During foreclosure, the lender will take ownership of the house and attempt to sell it to recover most or all the loan.

The bank may sell the house at auction, list it on their website, or do a short sale so that they can make as much money back as possible. Even after they sell the house, you may be liable for making up any part of the loan that is left. There are several reasons why you may be unable to pay your mortgage payments, including

• Losing part of your income due to death or divorce
• Losing your job
• Taking on too much debt
• Medical emergency
• Increase in living expenses
• Relocating before selling the house
• Natural disaster

Lenders may try to provide options for working out a payment plan. However, non-payment may result in foreclosure. A foreclosure can remain on your credit report for up to seven years. This can make it difficult for you to purchase a home. However, you do have options for selling your house before the foreclosure goes through. DealHouse can buy your house as-is and put cash in your pocket. We buy houses in any condition regardless of your current situation.