Facing Foreclosure?Greenville & Upstate South Carolina
You still have options. Let me help you save your home or move forward on your terms.
Two Paths Forward: Keep Your Home or Sell on Your Terms
Every situation is different. Depending on where you are in the process, one or more of these options may be available to you.
Keep Your Home
- Loan Modification
- Your lender permanently changes the loan terms, such as the rate, length or balance, to make payments more affordable.
- Repayment Plan
- Catch up on missed payments by adding a portion of the past-due amount to your regular payment over a set period.
- Forbearance
- Your lender temporarily reduces or pauses payments during a short-term hardship, with a plan to repay later.
- Refinance
- Replace your current loan with a new one, if your credit, income and equity allow it.
Sell on Your Terms
- Sell Before Foreclosure
- If you have equity, a traditional sale can pay off the loan and put the remaining proceeds in your pocket instead of losing them at auction.
- Short Sale
- When you owe more than the home is worth, your lender may agree to accept less than the full balance from a sale.
- Deed in Lieu
- You voluntarily transfer the home to the lender in exchange for release from the mortgage, avoiding a foreclosure sale.
- Protect Your Equity
- Price and market the home correctly so you keep as much of your equity as possible.
A foreclosure notice isn’t the end of the road. The sooner you act, the more options you have. I’ll walk you through every choice with no judgment and no pressure.
Call (864) 551-0731 today for a free, confidential consultation.A Clear Plan, Step by Step
Confidential Conversation
We talk privately about your situation, your timeline and what matters most to you. There is no cost and no obligation.
Review Your Options
I estimate your home’s current value and help you compare paths. I can also point you to a real estate attorney or a HUD-approved housing counselor.
Take Action
Whether you work out a plan with your lender or sell, I help you move quickly and keep you informed at every step.
How Foreclosure Works in South Carolina
South Carolina is a judicial foreclosure state. That generally means a lender must file a lawsuit and go through the court system before a home can be sold at a foreclosure sale. You will typically receive legal papers, called a summons and complaint, and you have the right to respond.
Because the process runs through the courts, it often takes longer than in some other states, and that time can be valuable. It may give you room to apply for a loan modification, arrange a repayment plan or sell the home before the sale date.
Do not ignore letters from your lender or the court. Deadlines matter, and acting early keeps the most options open.
Free Help Is Available
HUD-approved housing counselors offer free or low-cost foreclosure counseling. Call (800) 569-4287 to find one near you. For legal questions about your case, talk with a licensed South Carolina attorney.
Request Your Consultation
Your information is kept private and is only used to contact you about your situation.
Foreclosure FAQs
Can I still sell my house if foreclosure has started?
In many cases, yes. Homeowners can often sell up until the foreclosure sale, as long as the sale closes in time and pays off the loan, or the lender approves a short sale. The earlier you start, the better your chances.
What is the difference between a short sale and a foreclosure?
In a short sale, you sell the home with your lender’s approval for less than you owe. In a foreclosure, the lender takes the home through the court process and sells it. A short sale lets you stay more in control of the timing and the move.
How much does a consultation cost?
Nothing. The consultation is free, confidential and comes with no obligation.
Will my information be kept private?
Yes. Your information is used only to contact you about your situation and is never sold.
Should I talk to an attorney?
For legal questions about your foreclosure case, deadlines or court filings, it is a good idea to speak with a licensed South Carolina real estate attorney. Rebecca can help with the real estate side and work alongside your attorney.
Call or text: (864) 551-0731
Email: rebecca@rebeccawallacesc.com
Serving Greenville, Spartanburg, Anderson and the Upstate
801 Regent Park Ct
Greenville, SC 29607
Each Office Independently Owned and Operated.
Rebecca Wallace is a licensed real estate agent with Keller Williams Realty. She is not an attorney, lender, tax advisor or housing counselor, and the information on this page is general in nature, not legal, tax or financial advice. Options such as loan modifications, forbearance and short sales are subject to lender approval and are not guaranteed. Consult a licensed South Carolina attorney, a tax professional and your lender about your specific situation.