Behind on your mortgage in Wichita

Falling behind on a mortgage doesn’t mean you’ve lost the house. In Kansas, a lender has to go through the district court to foreclose, and that takes time. Until the sheriff’s sale, you can usually still sell the house yourself and pay off the loan at closing.

Try these first

• Call your lender’s loss mitigation department. Ask about forbearance, a repayment plan, or a loan modification. Get any offer in writing.
• Talk to a HUD-approved housing counselor. Their help is free or low-cost, and they deal with lenders every day.
• Read every letter from the court. If you’ve been served with a foreclosure petition, there’s a deadline to respond. A lawyer can tell you what your options are.

If you decide to sell

We can buy the house and the title company pays off your mortgage, late fees, and any back taxes at closing. If there’s money left over, it goes to you.

To make you an offer, we’ll need the address and roughly what you owe. With your written permission, the title company gets the exact payoff from your lender. If you owe more than the house is worth, we’ll tell you that up front. A short sale or a regular listing may be the better route, and we’ll say so.

Watch out for

Some people who show up when a house is in foreclosure aren’t trying to help. Walk away from anyone who:

• Asks you to sign your deed over before closing
• Wants an upfront fee to “stop” the foreclosure
• Tells you to make your mortgage payments to them instead of your lender
• Tells you to stop talking to your lender or your lawyer

We never ask for money. You don’t sign the deed until closing, at a title company, when you’re paid.

This page is general information, not legal advice. If you’ve been served, talk to a Kansas attorney.

Where we buy

We buy houses in Wichita, Andover, Augusta, Derby, Goddard, Haysville, Park City, and other towns in Sedgwick and Butler counties. See all areas.

Other situations

• Inherited a house

  Selling a house that's in probate, in a trust, or still in a parent's name.

• Behind on property taxes

  Selling a house with back taxes, and the refunds to check first.

• Rental with tenants

  Selling a rental without evicting anyone or waiting for the lease to end.

• Needs major repairs

  Foundation, roof, sewer line, fire or water damage, or decades of deferred work.

• Divorce or separation

  Selling a shared house on a timeline both owners can agree on.