Foreclosure on a larger Hockessin home has one feature that smaller houses sometimes lack: possible equity. If the house is worth more than the loan, a sale before the sheriff sale can protect it. If not, a counselor can discuss other paths. The first job is the same either way. Read the notice, find the dates and call the state hotline at (800) 220-5424.
No obligation. We respond within 24 hours.
Kaizen Home Buyers can return an as-is cash offer within 24 hours, with no repairs or commission to an agent, and can close in 14 to 30 days or when you need. We cannot postpone a sale. That power belongs to the lender's attorney, the sheriff and the court. A call to the state hotline costs nothing, and a short call to us does not commit you to anything.
An offer cannot be priced accurately without the lender's written payoff and the case status. The notice of intent must include a 12-month loan accounting, the amount in default and how to reinstate. Compare it with your records. Then compare the payoff with what the house would bring as it stands. The gap is your equity, and it decides whether a sale before the auction is worth the effort.
New Castle County sells on the second Tuesday of each month at 9:00 a.m. at the City/County Building, 800 N. French Street, Wilmington. Bidders register from 7:30 to 9:15 a.m. and bring $10,000 in certified funds, collected only from the winner. On mortgage sales, 20 percent is due at the time of sale. Confirm any date with the plaintiff's attorney or at 302-395-8450. County staff at the Sheriff's Office can describe the sale process by phone, but only the plaintiff's attorney can confirm that your sale remains on the calendar.
For an owner-occupied one-to-four family primary residence, the homeowner must meet a HUD-approved counselor and file a Certificate of Participation within 30 days of service. The mediation conference is set 45 to 75 days after service, and no judgment can be entered until the day after it. The plaintiff must also file a loss mitigation affidavit before judgment or sale.
Send the address, the loan balances and any sale date. We estimate the property as it stands, including the grounds and outbuildings, so you can compare it with the payoff. A cash figure reflects the repairs and resale risk the buyer takes on. Whether the trade is worth it depends on the timing you have left.
We aim for 14 to 30 days or a date you choose, but the lender and title company control payoffs. Call 267-329-0084. If the house has outbuildings, a pool or a finished basement, list them, because they change our estimate and any buyer's.
In general an owner can try, but the payoff, case status and sale date all matter. Only the plaintiff's attorney, the sheriff or the court can confirm a sale is postponed or stopped. Ask your counselor whether a short sale or deed in lieu fits better than a market sale if the house is worth less than the loan.
$10,000 in certified funds at registration, collected only from the winner, and 20 percent at the time of sale on mortgage sales.
Yes, according to the Attorney General's page, for owner-occupied one-to-four unit primary residences. The program aims for face-to-face talks, and the lender must have someone with settlement authority available, so prepare your income papers ahead of time.
A cash, as-is offer is possible, with closing in 14 to 30 days or on your date if the lender and court allow.
General information, not legal or tax advice. Rules change; confirm details with the office or a professional.
No obligation. No fees. Just a fair offer from a local buyer.