Can You Sell a Home in Foreclosure on Long Island?

Yes — You Still Can

Until the day your home is auctioned or repossessed, you generally retain the right to sell it.

This is known as a preforeclosure sale and it’s very common — especially on Long Island where foreclosure cases may last months.

Benefits of Selling in Foreclosure

  • Stop the legal process
  • Avoid damage to your credit
  • Walk away with cash (sometimes)
  • Avoid the stigma of an auction
  • No legal fees if handled properly 

 

How the Process Works

  • Get a Payoff Letter from the Lender
  • Choose to Sell Traditionally, Short, or As-Is
  • Close Before Auction Date

 

Why Time Matters

If your court case is close to judgment, you may only have weeks to act. Local investors (like our team) can make offers within 24–48 hours and close in under 14 days.

Final Thoughts

You don’t have to lose your home  and you certainly don’t have to go down alone. Selling can be a dignified exit that lets you move forward with clarity and relief.