516-605-3001

Stop Foreclosure by Selling Your Long Island House for Cash

No repairs. No agent fees. No waiting months for buyers.

Facing foreclosure in Nassau or Suffolk County? You can sell your house before the auction – even if the lawsuit is already filed. Get a cash offer and close quickly to stop the foreclosure process.”

No obligation. No pressure. Cash offer in 48 hours or less.

Fast Closing

Close quickly to stop foreclosure

All Cash Offer

No financing delays

Any Condition

Sell as-is

26 Years Experience

Serving Long Island families

Can You Sell Your House During Foreclosure in Long Island?

Yes - You Can Sell Anytime Before Auction

New York law allows you to sell your house at any point in the foreclosure process - even after the lawsuit is filed in Nassau or Suffolk County Supreme Court. Selling before auction stops the foreclosure, protects your credit, and allows you to walk away with remaining equity.

Many Long Island homeowners don't realize they have options during foreclosure. You're not trapped. Whether you're a few months behind or deeper into the court process, selling for cash can stop the auction and give you a fresh start.

The key is acting before the auction date - once the property is auctioned, you lose the option to sell.

Foreclosure Timeline:
Is It Too Late To Sell?

Months 1-3
Missed Payments
You receive demand letters and late payment notices. No legal action has started yet.
✔ Safe to Sell Easily
Month 4
Lawsuit Filed
Lender files lawsuit in Supreme Court. You receive a formal Summons & Complaint.
✔ Can Still Sell
Months 5-6
Settlement Conference
Mandatory court meeting to discuss options. A critical time to negotiate or sell.
✔ Can Still Sell
Months 12-14
Judgment Entered
The court rules in favor of the bank. An auction date will be set soon.
⚠ Sell Urgently
Months 14-16
Auction Scheduled
Property is scheduled for public auction. This is the absolute final window.
🚨 Final Chance

Average Timeline: 12-16 Months

In Nassau & Suffolk County, you typically have over a year to resolve this. Don't wait until the auction.

Stop The Auction - Get Offer

Your 4 Options to Stop Foreclosure

We believe in transparency. Here's an honest comparison of all your options to help you decide.

Loan Modification

The Good
  • Keeps you in your home
  • May reduce monthly payment
  • Stops foreclosure if approved
The Bad
  • High rejection rate
  • Takes months to process
  • Requires strict proof of hardship
  • Doesn't erase missed payments
Timeline: 3-6 months, uncertain outcome
Best For: Homeowners with temporary hardship who want to keep the house.

Bankruptcy Chapter 13

The Good
  • Stops foreclosure immediately
  • Restructures debt under court supervision
The Bad
  • Requires steady income for 3-5 years
  • Court approval & attorney fees needed
  • Ruins credit for 7 years
  • Must stick to strict payment plan
Timeline: Several months to file, 3-5 years to complete.
Best For: Homeowners with regular income who can afford restructured payments.

Short Sale

The Good
  • May reduce total debt owed
  • Less credit damage than foreclosure
The Bad
  • Requires lender approval (takes months)
  • Still damages credit score
  • May owe deficiency judgment
  • No guarantee of approval
Timeline: 6-12 months if approved.
Best For: Homeowners who owe more than house is worth.

Sell for Cash (Our Solution)

The Good
  • Close typically within 7-14 days
  • Stop foreclosure immediately
  • Avoid major credit damage
  • Walk away with equity (if any)
  • No repairs needed - we handle paperwork
The Bad
  • Offer typically below full retail value
  • Must leave the house after closing
Timeline: Typically 1-2 weeks from offer to closed.
Best For: Homeowners who want a fast, certain solution to stop the auction.
Get My Cash Offer Now

How We Stop Your Long Island Foreclosure

1

Call Today: 516-605-3001

Tell us about your situation. We review your mortgage balance, amount behind, and auction date. This confidential consultation takes about 15 minutes.

2

Receive Written Cash Offer

You receive a written offer based on your property value minus mortgage payoff and arrears. No obligation to accept - take time to review with your attorney or family.

3

Close Fast & Stop Foreclosure

We coordinate with your lender to pay off the loan directly at closing. The foreclosure process stops. Auction gets cancelled. You receive the difference if equity remains.

Typical timeline: 7-14 days from initial call to closing
Start the Process - Contact Now

Foreclosure Situations We Handle in Nassau & Suffolk County

Properties with pending lawsuits
Homes months behind on payments
Properties with judgment entered
Houses near auction date
Properties with tax liens
Homes needing major repairs
Inherited properties in foreclosure
Properties with multiple heirs
Homes occupied by tenants
Out-of-state owner situations
No matter your foreclosure stage or property condition, we can help. Call 516-605-3001 to discuss your specific situation.
Discuss My Situation

Beware of Foreclosure Rescue Scams

If you're facing foreclosure in Long Island, be cautious. Scammers target homeowners in distress. Here is how to tell the difference:

Watch Out For:

  • Companies asking for upfront fees before helping
  • Anyone asking you to sign over your deed
  • Services promising to 'stop foreclosure guaranteed'
  • Unlicensed individuals claiming to be investors

Legitimate Cash Buyers:

  • Provide written offers with no upfront fees
  • Never ask you to sign deed before closing
  • Work with licensed title companies
  • Give you time to review offers with your attorney
  • Don't make guarantees about outcomes
We've been serving Long Island families since 1999. Check our reviews and verify everything we tell you with your attorney.

Frequently Asked Questions

Q. How late on mortgage payments can I be and still sell?

A: You can sell at any point before the foreclosure auction – whether you’re 2 months behind or 12 months behind. In Nassau and Suffolk County, the foreclosure process typically takes 12-16 months from first missed payment to auction, giving you time to sell. Even if a lawsuit is already filed, you can still sell before the auction date.

A: It depends on your equity position. If your house value exceeds your mortgage balance plus arrears, you receive the difference at closing. However, if you owe more than the house is worth, you may need lender approval for a short sale, which we can help coordinate. We’ll explain your specific situation during our initial consultation.

A: Yes, absolutely. New York is a judicial foreclosure state, meaning the process goes through the court system and takes time. Even after the lawsuit is filed in Nassau or Suffolk County Supreme Court, you can sell your house at any time before the auction. Once you close on a sale, the lender is paid off and the foreclosure case is dismissed.

A: You’ll typically need: your mortgage statement, any foreclosure notices or court documents, proof of property insurance, recent property tax bill, and your ID. We work with your lender to obtain the exact payoff amount. Our title company handles all closing paperwork and coordinates with your lender for proper release of the foreclosure.

A: Short sales require lender approval, which takes months and is often denied. Selling for cash is faster because we pay your lender in full at closing – no approval needed. Short sales also damage your credit and may result in deficiency judgments. Cash sales stop the foreclosure immediately. The trade-off is our offer accounts for the quick sale timeline.

A: Selling before the auction actually protects your credit. A completed foreclosure stays on your credit report for 7 years and significantly drops your score. If you sell before auction, the foreclosure never completes – it shows as satisfied or dismissed. While late payments will still appear, you avoid the severe impact of a foreclosure judgment.

What Long Island Homeowners Say

5.0
Based on 5 Reviews
Write a Review
Kathryn Frasier
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Kathryn Frasier
5.0
May 28, 2025

I was skeptical, but they made the process so easy. Got a good price, and everything went smoothly.

Marie Theriot
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Marie Theriot
5.0
May 20, 2025

Selling my house was never easier. 123 WeBuyHouse was transparent, fair, and quick. Would definitely recommend.

Michael Kelsey
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Michael Kelsey
5.0
May 14, 2025

I needed to sell fast and 123 WeBuyHouse made it happen. Great experience.

Joseph Sollitto
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Joseph Sollitto
5.0
January 10, 2023

Izzy was very professional, experienced and helpful . Highly recommend!!!

Eli Weinstock
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Eli Weinstock
5.0
January 10, 2023

We needed to sell our home quickly for a work related move. Our biggest fear was having to sell at a discount. Luckily Izzy and his team got us top dollar, and closed in 7 days. Highly recommended.

123 We Buy House Long Island team

Helping Long Island Families Since 1999

Facing foreclosure is one of the most stressful situations a homeowner can experience. We've been helping Nassau and Suffolk County families navigate this challenge for over 26 years.

We're a local, family-owned business that understands Long Island's foreclosure laws, court systems, and real estate market. We work with Long Island estate attorneys and title companies to ensure every transaction is handled properly.

When you call 516-605-3001, you speak directly with our team - not a call center. We provide honest answers about your options, even if selling isn't the best choice for you. We believe in transparency and treating people with respect during difficult times.

  • Serving Long Island since 1999
  • Family-owned local business
  • Work with local attorneys
  • Transparent, honest process
  • No upfront fees ever

Stop Your Foreclosure Today - Get Your Cash Offer

Every day you wait, you're one day closer to auction. Call now for a confidential consultation.

Call Now
516-605-3001

Available 8am-8pm Daily

Get Written Offer
Request Cash Offer

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