Ally HomesCallGet my offer!Behind on payments? You still have options.
If foreclosure letters are piling up, waiting is usually the costliest move. Ally Homes LLC buys houses as-is in Pinellas, Pasco and Hernando County, and selling before a foreclosure sale is one option worth understanding alongside the others.
No cost and no obligation. You'll finish a few details on the next page.
Why talking early helps
More options while there is time
The earlier you look at your choices, the more of them tend to be available. That includes selling, and it includes talking to your lender.
Payoff handled at closing
If we buy the house, the mortgage payoff and the past-due amounts are generally paid through the title company at closing.
No repairs, no showings
You don't have to fix anything or keep the house show-ready while you are already under pressure.
We Make It Easy
Need your hand held? Don't need help at all? Tell us what you need, and we're here to help YOU.
Tell us what's going on
Enter address or give us a call. We'll talk about what's going on and find out what works.
We give you a cash offer
We present your no-obligation cash offer, no banks and no institutions.
Close and get paid
Pick your closing date and how you want to get paid. We will handle the paperwork.
How foreclosure generally works in Florida
Florida is a judicial foreclosure state, which generally means a lender has to file a lawsuit and get a court judgment before a home can be sold at a foreclosure sale. Every case is different, but most follow a similar sequence.
1. Missed payments
After one or more missed payments, the loan goes into default. Lenders usually send late notices first, and most mortgages require a formal notice that explains how to catch up before the lender can move forward.
2. Notice of default
The lender typically sends a letter stating the amount needed to bring the loan current and a deadline to pay it. If the default is not cured, the lender may accelerate the loan, which means the whole balance becomes due.
3. Lis pendens and the lawsuit
To start a foreclosure, the lender files a complaint in the circuit court for the county where the house sits and usually records a lis pendens, a public notice that a lawsuit affects the property. The homeowner is served and has a limited time to respond. This is often when owners first see their case in the county clerk's records.
4. Judgment
If the case is not resolved, the court may enter a final judgment of foreclosure. The judgment generally sets the amount owed and schedules a sale date.
5. Foreclosure sale
The clerk of court conducts the sale, which many Florida counties now hold online. After the sale and the related court steps, ownership passes to the winning bidder.
Where selling fits
Selling the house before the sale date is one option. Others can include catching up the payments, a loan modification or repayment plan, a short sale, a deed in lieu of foreclosure, or bankruptcy. Which one makes sense depends on your equity, your income and your goals. A HUD-approved housing counselor or a Florida attorney can walk you through them, and we will tell you honestly if selling to us is not your best move.
Common questions
Can I still sell if a foreclosure lawsuit has been filed?
Generally, yes. Until the foreclosure sale happens, you usually still own the house and can sell it. The lender has to be paid what it is owed at closing, so timing and the payoff amount matter. An attorney can confirm where your case stands.
What if I owe more than the house is worth?
Then a regular sale may not cover the payoff, and a short sale, which needs the lender's approval, or another option may fit better. We will look at the numbers with you and say so plainly if we can't help.
Will selling stop the foreclosure?
If the sale closes and the loan is paid off before the foreclosure sale, the lender generally dismisses the case. The sale has to actually close in time, which is why starting early matters.
Does it cost anything to talk to you?
No. There is no cost and no obligation to get an offer.
Should I talk to anyone else first?
It is a good idea to call your lender and a HUD-approved housing counselor, who can explain options like a loan modification, often at no cost. You can also talk to a Florida attorney. Our offer can be one part of that comparison.
The earlier you look, the more options you have.
Get your offer or call (727) 346-8266. We will tell you straight whether selling makes sense for you.
Get my offer!