Behind on payments. Foreclosure on the calendar.
The lender has sent the letters. The auction date may already be scheduled. There is a narrow window where a fast cash sale can stop the foreclosure, keep the credit damage minimal, and put money in your pocket instead of the bank's. Time is the constraint.
Get my cash offer or call 410-552-SELLThe offer covers what you would otherwise have to deal with.
Four things to know about how a Schiff purchase works in this situation.
What we can sometimes do
Close before the auction date if you call us early enough. Bring cash to the closing table that pays off your mortgage in full, ends the foreclosure process, and puts the remaining equity in your hands. Every case is different. Not every situation is savable. Call us and we will tell you honestly.
What we won't do
We do not charge fees to talk to you. We do not require you to sign anything before we make a written offer. We do not send tow trucks or door-hangers or foreclosure vultures. We are a direct buyer with our own funds.
What to have ready
The mortgage payoff amount. Any second liens or judgments. The auction date if one is scheduled. A rough sense of what the property is worth in as-is condition. We will help you work through the rest.
Timeline
Seven-day closings are possible when the auction date is close. Your Maryland title company confirms the payoff, we bring the funds, and the foreclosure gets satisfied at the closing table.
Tell us about the property and your situation. We respond within one business day with a written cash offer.
Four Maryland counties, local on every offer.
We buy behind on payments properties across our four-county service area.
We have heard your story before.
Seven other patterns we see every week.
Get your cash offer.
One form. · One call. · One closing.
Start my offer or call or text us 410-552-SELLStraight answers.
What does 'as-is' actually mean for a behind on payments sale?
As-is means you leave the house exactly as it is. No repairs. No cleaning beyond what you want to do. No fixing violations. The offer we make is based on the property as it sits, and that is the number that arrives at settlement.
Do I pay anything to get an offer?
No. Getting an offer is free. There are no fees to talk to us, review the offer, or walk away. If you accept, we cover the closing costs. If you decline, there is no cost.
What if I have more than one property in this situation?
We buy multiple properties from the same seller regularly. Send us the addresses and we handle them individually or as a portfolio, whichever makes more sense for you.
How is your offer different from a wholesaler's?
A wholesaler goes under contract with you, then tries to find another buyer to assign the contract to for a fee. If they can't find a buyer, the deal falls through. We are the end buyer. We use our own funds. Contract to close is on us, not on a third party we still need to find.