Minnesota foreclosures don’t need to be confusing or scary, seeking answers from a trusted expert helps bring clarity and exposes the pitfalls during this uncertain times.

“List My House For Sale”

  • listing with a Minnesota real estate agent has some advantages
  • Depending on how far down the process you have in foreclosure, it can take on the short end 3 to 5 months. listing your home with a local Realtor can get your out of it if you have the time
  • Save on your future buying power by not killing your credit from going threw foreclosure
  • See if your situation qualifies
Learn If Listing My House Is The Best Fit →

We are here to serve. Wanting to listen and together come up with the best plan for you.

Get A Fair Cash Offer Today and “Be Done”

  • Let us know about your situation and your house
  • We will contact you to find out all the details (usually within 48 hours)
  • Explain your real options
  • Make it easy by helping with the concerns you have
  • You’ll receive a fair win-win all cash offer
Get A Fair All Cash Offer To Sell Quick →

Want To Learn How To Stop A Minnesota Foreclosure Now?

So, you are heading into foreclosure and desire to learn how to stop foreclosure now, you are at the right spot.  For our clients, friends and family, we have made a free online how-to-guide to help home owners just like you find what options they have on getting out of the stressful situation you may be in right now.

You aren’t the first person to go through a Minnesota foreclosure… and won’t be the last.  So don’t feel ashamed. It happens. Just make sure you are not sticking your head in the sand hoping this whole thing will blow over, it will not. But, I guess that is why you are reading this and getting informed. Proud of you for taking that step towards being in the know.

You can not worry about the past and should have done type of things.  The best thing you can do now is figure out what is going to be the best past moving forward.  Some people get to this point and their best option is to sell their home (we’ll make a fair value all cash offer on your house today, just let us know about your situation here <<), some times we’re able to help homeowners STOP FORECLOSURE completely, and other times there are options that are better for their situation.  So, click one of the buttons above to get your free foreclosure guide. You Deserve to know your options!

Here are some Questions on Foreclosure?

Can I get kicked out of my Minneapolis St Paul house by my lender?

Good questions! No, the lender does not have that power, only a court order can force you out of your house. Just to let you know that it is possible to be evicted, there are also state laws that a mortgage holder has do to be legal in Minnesota to preform an eviction or foreclosure.

How long will this process take when a bank forecloses on me?

The total length of time that the whole process will take will vary, it will depend on how many foreclosure cases your lender is dealing with and how fast they push it through. Starting with the first missing mortgage payment to the end of the foreclosure can be 45 days to a number of months.

I am going into foreclosure now. How do I know what is the best option for me? seems confusing!

No two people ever go through the exact situation, what may be the best for one may be very different for another person. The best action for you depends on income, assets you own, and out laying expenses. The type of mortgage you have and where you are in the process of the foreclosure, and when you decide to try to save your home are also very important parts. The thing to keep your mind on is are you able to save your home.

What is Foreclosure, and what is Statutory Redemption

In Minnesota , a foreclosure is when a bank takes over the ownership of a property due to the fact that the property owner defaults on their monthly payments to the bank. In reality, the rights of the original owner are terminated (such a property is one purchased with a Minnesota mortgage).  Before going into a foreclosure, the bank is required by law to give the owners who are late making payments a runway of missing three months of payments before they start foreclosure. If the original property owner has been given this notice, the bank has the right to repossess the property.  If the owner continues to miss payments or do not establish a new agreement with the bank, the bank will start the foreclosure process.

Minnesota statutory redemption period refers to a mortgagors (lender or bank) right to regain the ownership of a house that had been foreclosed on by them. Statutory redemption laws in {market_state] provide the original owner a limited window of time where they can come back in and redeem the property.  The trick is, they need to do this by paying in total the amount that the house was sold for at the foreclosure sale (sheriff sale). That amount is the amount that you owe on the property plus a bunch of fees. The whole process normally takes about one year.

How Can Minnesota Cash Home Buyers Help?

We normally get phone calls while people are in the statutory period of foreclosure.  They are down the road a ways in this process and are looking for a way out.  Many of them are past the county Sherriff sale and they are 60days out from totally losing their home.  If you are at this point or any point in the foreclosure process give us a call (612) 444-5088.  We can help in a couple of ways depending what your circumstances, its best to talk it through and see what your options are.  Looking foreward to talking to you.