Selling Before Foreclosure in Escondido
If a sale can close before the trustee's sale date, the equity above what you owe stays yours. In Escondido we can close in 7 to 10 days.
The outlying parcels are where the surprises are — a septic system at the end of its life or a well with capacity problems is a five-figure item that does not show up in a photograph, and it is exactly the kind of thing a buyer who has not looked properly will try to renegotiate over later. Condition is not an obstacle here — we buy as-is, so nothing has to be repaired with money you do not have, and the title work and lien payoffs come out of the proceeds rather than out of your pocket.
7–10Days to closeQuick answer
Garner Group buys houses in Escondido from owners in default and can close in 7 to 10 days, which is often fast enough to complete a sale before a scheduled trustee's sale. Selling beforehand means any amount above the total payoff goes to you instead of being lost at auction. Speak to your lender and a HUD-approved housing counsellor as well — selling is not always the best option.
What we
actually do.
An inland North County valley city built out largely between the 1960s and 1980s, with larger lots and, toward the edges, properties on well and septic rather than city services.
Talk to your lender's loss mitigation department and a HUD-approved housing counsellor before you decide. Loan modification, forbearance and repayment plans exist, cost nothing to ask about, and keeping the house is a better outcome than any sale, including one to us. Selling is the right answer when the arrears are past catching up and there is equity worth protecting.
- 1Fast enough to beat most trustee's sale dates
- 2Any equity above the payoff goes to you at closing
- 3Liens, back taxes and HOA arrears cleared through escrow
- 4Bought as-is — no repairs funded by you
We are the
buyer.
When you call Garner Group about sell house before foreclosure in Escondido, you are talking to the person who will own the house. We buy in our own name with our own funds and renovate it ourselves — your contract does not get sold on to another buyer, and the price does not move after you accept it. That has been the rule since 2016.
We also do:
Selling Before Foreclosure in Escondido — FAQ
Is it too late if a sale date is already set?
Not necessarily. A trustee's sale can sometimes be postponed when a legitimate purchase is in escrow, but that is the lender's call and it depends how much time is left. Call with the date and we will tell you honestly whether it is realistic.
What if I owe more than the house is worth?
Then it needs lender approval as a short sale, which takes far longer than 7 to 10 days and is not guaranteed. We will tell you that is your situation rather than tying the house up while you find out the hard way.
Do I get any money?
Yes, if the price exceeds the total payoff including arrears, fees and liens. That surplus is yours at closing, and it is the main reason to sell rather than let the house go to auction.
Who else is contacting me, and should I trust them?
Default notices are public record, so everyone in this position gets contacted by a lot of people. Nobody legitimate needs you to sign over your deed, pay a fee up front, or send your mortgage payments to them instead of your lender.
Find out what we'd pay.
Tell us about the house. We'll come and look at it, explain how we got to the number, and tell you plainly if you would do better listing it instead.