Pre-foreclosure is the process of a homeowner who falls behind on mortgage lender loan payments before the home is sold at a public auction. Warning letters and phone calls may be the first indication that a homeowner is in pre-foreclosure. Often, the lender will work with the homeowner to sell the house before it goes to auction. There are a few alternatives for homeowners who are in the pre-foreclosure process. You can try to sell your property on your own, consider the short sale process, hire a real estate agent, or utilize one of the many firms specializing in assisting homeowners in selling their houses for cash. If you are in pre-foreclosure, then time is of the essence. The sooner you prove financial hardship and sell your property, the less of a negative impact the foreclosure will have on your credit score. Blue Diamond Realty can help! We have an extensive network of investors and purchasers looking to buy houses in foreclosure. These connections allow us to provide you with a quick and easy sale. We’ll work with you to arrive at a fair price for your property as well. Please don’t hesitate to contact us if you have any questions about our services. We’re here to assist you!