Sell house fast facing foreclosure in Birmingham, AL.

FAQ

Birmingham facing foreclosure questions.

Can Home Posted buy my Birmingham house before the foreclosure auction?

Yes, most of our Birmingham, Alabama foreclosure closings happen in a timeline based on the contract and title work when there's a clear title. Submit your address, we send a cash offer within 48 hours, and your independent buyer wires funds straight to the lender to stop the auction.

Will selling stop foreclosure from showing on my credit?

Selling before the auction prevents the foreclosure from being finalized, which protects you from the worst credit hit. A pre-foreclosure or short sale typically drops your score 50–150 points, while a completed foreclosure commonly drops FICO scores by ~100–160 points (FICO data) and stays on your credit for 7 years.

What if my mortgage is more than the house is worth?

a licensed attorney or qualified professional may be able to pursue a short sale with your lender, where they accept less than what's owed. It's slower than a straight cash sale but still beats a foreclosure on your record.

Do I owe any fees to Home Posted for a Birmingham foreclosure sale?

Zero. We never charge sellers, not for the offer, not for closing, not for the title work. The buyer pays standard closing costs and qualified independent buyers does not collect commission from you.

Will my lender stop the auction once we have a signed contract?

Most lenders postpone the sale a timeline based on the contract and title work when they see a bona-fide cash contract with a written close date. you or your authorized legal representative should work with the lender's loss-mitigation department to get the postponement in writing.