Can You Sell a House Before Foreclosure Hits Your Record?

Foreclosure is one of the most stressful situations a homeowner can face. Once it’s on your credit report, it stays there for seven years, making it harder to buy another home, rent an apartment or even qualify for loans.

But here’s the good news: you may still have time to sell your house before foreclosure hits your record. In Dallas Fort Worth, acting quickly could mean the difference between a fresh start and years of financial damage.

How Foreclosure Affects Your Credit

• A foreclosure lowers your credit score by 100–160 points.

• It remains on your credit report for seven years.

• Future lenders and landlords see it as a major red flag.

Can You Sell a House Before Foreclosure?

Yes, If You Act Quickly

Once the lender files a Notice of Sale (21 days before auction in Texas), the clock is ticking. You can still sell your home before the auction date.

Traditional Listing vs. Cash Sale

• Traditional sale: Possible, but risky you may not find a buyer fast enough.

• Cash sale: Companies like OT Home Buyers can buy your house as-is, for cash and close in 7–10 days often fast enough to beat the auction.

👉 Related: What Really Happens If You Fall Into Foreclosure

Benefits of Selling Before Foreclosure Hits Your Record

• Protect your credit – Avoid the 7-year foreclosure mark.

• Stop fees from piling up – No more late charges or legal costs.

• Walk away with equity – If your home is worth more than you owe, you keep the difference.

• Peace of mind – Move forward without the stress of looming foreclosure.

What If You Don’t Have Equity?

Even if you owe more than your house is worth, you may qualify for a short sale. While it does affect your credit, it’s usually less damaging than foreclosure.

Local Dallas-Fort Worth Resources

• Dallas County Clerk’s Office – foreclosure filings

• Dallas County Tax Office – delinquent property taxes

• HUD Housing Counseling – free foreclosure prevention

Final Thoughts

Yes, you can sell a house before foreclosure hits your record, but you need to move fast. Once the process reaches auction, it’s often too late.

At OT Home Buyers, we help Dallas homeowners sell quickly, avoid foreclosure and protect their credit.

👉 Request your free cash offer today or call (682) 267-7741.