Confusion about your status can cost you your home. We explain the difference between pre-foreclosure and the final auction.
What is Pre-Foreclosure?
Pre-foreclosure begins the moment you receive a Notice of Default or Lis Pendens. It means the legal process has started, but you still own the house.
Good News: During this time, you can still sell the house, pay off the debt, and keep any remaining profit. This is your window of opportunity.
What is Foreclosure?
Foreclosure is the final step—usually an auction at the county courthouse. Once the gavel falls, you lose ownership, you lose all your equity, and you are often evicted.
Why You Must Act Now
In Florida, the timeline from 'Pre' to 'Final' can vary, but once the auction date is set, your options shrink rapidly. Selling during pre-foreclosure is the only way to control the outcome and protect your credit score.
Avoiding the Final Auction
Once your home hits the courthouse steps, you lose all control. A pre-foreclosure sale allows you to negotiate payoffs, preserve your credit, and walk away with funds for a fresh start.
Free Consultations
We offer no-obligation advice if you're unsure where you are in the process. Even if you don't sell to us, we can connect you with resources to help you navigate pre-foreclosure.
Your Next Steps
If you're in pre-foreclosure, call us early. The sooner we start, the more options you have.