Sell My House to Avoid Foreclosure in NYC: Free Cash Offer in 24 Hours
- Fast sale that can close before an auction date
- No repairs, no agent, no showings
- Offer in 24 hours, close in as little as 7 days
Get Your Free Cash Offer
- 4.9 Google rating, 52+ reviews
- Buying NY homes since 2000
- Written, no-obligation offers
- Proof of funds on request
Can I Sell My House to Avoid Foreclosure in NYC?
Often, yes. In New York, foreclosure is a court process, which usually gives owners some time to act. Until the house is actually sold at a foreclosure sale, you generally still own it and can sell it yourself. If the sale price covers your mortgage and costs, you can pay the lender off and keep what is left. A fast cash sale from CashBuyersNY can fit inside that window because we do not depend on bank financing.
Every case is different, and timing matters. Talk to a foreclosure defense attorney or a HUD-approved housing counselor about your options, including loan modifications and state programs, and bring us in if a sale makes sense. For the city overall, see our New York City cash buyer page.
At a Glance
- Offer timeWithin 24 hours
- ClosingAs little as 7 days (clear title)
- GoalSell before an auction and protect your equity
- Fees and commissionsNone. We charge no fees
- ConditionAny condition, sold as-is
- Best time to callAs early as possible after a notice
What Happens If You Wait Too Long
Foreclosure adds legal fees, interest and penalties to what you owe, which shrinks the equity you could walk away with. It also damages your credit for years. Once a house is sold at auction, the choice is gone.
Selling early can stop that spiral: you pay off the loan, avoid a foreclosure judgment and keep control of the timing. Because we buy as-is, you do not need to fix the house first. If the house is empty or came from an estate, see selling a vacant home or selling an inherited house.
Worried About Foreclosure? Find Out Your Options
Selling vs. Other Ways to Handle Foreclosure
A sale is only one option. Depending on your situation you may be able to catch up on payments, ask for a loan modification, or work with a housing counselor, and New York has programs that offer free help to homeowners. If there is little or no equity, a short sale might be worth discussing with your attorney.
If you do have equity and want out, a cash sale is usually faster and more certain than listing with an agent, which can take months. Our guide to selling a distressed property fast covers the trade-offs.
Why Homeowners Facing Foreclosure Choose Us
When time is short, a retail sale is risky: repairs, showings and a buyer whose loan might not close can push you past a deadline. We give a written offer, explain how we reached the number and can work toward your closing date.
We will also tell you honestly if another option, such as listing or keeping the house, looks better for you. See how much cash buyers pay so you know what to expect.
How Selling to CashBuyersNY Works
1. Tell us about the property
Fill in the short form or call 646-920-8900. It takes about two minutes: address, condition, and your timeline.
2. Get a cash offer within 24 hours
We review the property and the neighborhood, then call you with a written, no-obligation cash offer and explain how we reached the number.
3. Close on the date you choose
Accept only if it works for you. We coordinate with your attorney and the title company, and you pick the closing date, often in as little as 7 days when title is clear.
What NYC Homeowners Say About Working With Us
Cash Sale vs. Listing Your NYC House
| Traditional listing | CashBuyersNY | |
|---|---|---|
| Agent commission | Commonly 5–6% of the sale price | None. No agent is involved and we charge no fees |
| Repairs and cleaning | You typically repair, clean and stage before listing | Sold as-is, in any condition |
| Mortgage and appraisal risk | Deal can fall apart if the buyer's loan or appraisal fails | No mortgage or appraisal contingency |
| Showings | Open houses and repeated showings | One walkthrough, at a time that suits you |
| Timeline | Time on the market, then often 30–60 days or more to close | Offer in 24 hours; close in as little as 7 days when title is clear |
| Sale price | Potentially the highest price, if the home is market-ready | Typically below full retail value, in exchange for speed, certainty and no costs of sale |
| Costs set by law | Transfer taxes and your attorney still apply | Transfer taxes and your attorney still apply |
Neither route is right for every homeowner. If your home is in good condition and you are not in a hurry, listing with an agent may bring a higher price. If speed, certainty or the cost of repairs matter more, a direct cash sale can make sense. Talk to your attorney before you sign anything.
How We Calculate a Cash Offer
We want you to understand the number before you decide. For homes facing foreclosure, our offers reflect four things: the property’s condition and the repairs it needs, recent comparable sales nearby, taxes and carrying costs, and how long the house would take to resell. We ask for your payoff amount so you can see what you would net, and we explain each piece in plain language with no pressure.
- Condition and repair costs
- Comparable sales nearby
- Taxes, insurance and carrying costs
- Resale timeline and risk
Who You'll Be Working With
CashBuyersNY has been buying New York homes since 2000, including from owners in tough spots. We keep these conversations private and respectful. To learn who you would be dealing with, read about our team or see reviews from sellers.
- Written, no-obligation offers explained in plain English
- No upfront fees, ever
- Proof of funds available on request
- Closing handled by a title company or your attorney
- Local office at 249-74 Jericho Turnpike, Bellerose, NY
Where We Help Homeowners Avoid Foreclosure
Explore Related Options
Frequently Asked Questions About Selling to Avoid Foreclosure in NYC
Can I sell my house after I have been served with foreclosure papers?
Often yes. Until the house is sold at a foreclosure sale, you generally still own it and can sell it. Speak with a foreclosure defense attorney about your timeline, then contact us for an offer.
How fast can you close?
You can get a written offer within 24 hours. If title is clear, closing can happen in as little as 7 days, though liens and court steps can affect timing.
Will I get any money from the sale?
If the sale price is higher than your mortgage payoff and closing costs, the difference is yours. We ask for your payoff amount up front so you can see an estimate of what you would net.
What if I owe more than the house is worth?
Then a regular sale may not cover the loan. Ask your attorney or lender about a short sale or other options. We can still review the property and tell you what is possible.
Will selling hurt my credit?
Selling to pay off the mortgage in full is generally better for your credit than a completed foreclosure, which stays on your record for years. A credit professional can give details for your case.
Do I pay commissions or fees?
No agent is involved, so there is no commission, and we do not charge fees for our offer. Normal seller closing costs, such as transfer taxes and attorney fees, still apply.
Do you buy houses that need repairs?
Yes. We buy as-is in any condition. See our page on selling as-is.
Is there free help for New York homeowners facing foreclosure?
Yes, there are free housing counseling and legal help programs in New York, including HUD-approved counselors and state homeowner assistance programs. Ask your lender or search for a counselor in your area.
Facing Foreclosure? Get Your Free Cash Offer
- Email[email protected]
- Office249-74 Jericho Turnpike, Bellerose, NY 11001
- ResponseWithin 24 hours
Last reviewed: October 2026. This page is general information about selling a house for cash and is not legal, tax or financial advice. Speak with a New York attorney or tax professional about your own situation. CashBuyersNY (Cash Buyers NY) is a direct home buyer and does not charge sellers fees or commissions.
