You Have More Options Than the Bank Wants You to Know.
Foreclosure

Here's what no one tells you about foreclosure in Pennsylvania: you have more time and more options than the bank's letters imply. PA's judicial foreclosure process is one of the longest in the country — from the first missed payment to sheriff sale typically takes 12–18 months. That sounds like a lot of time, but most homeowners spend it paralyzed by shame, stress, and conflicting advice. By the time they take action, the window has shrunk to weeks.

Under Pennsylvania's Act 91, your lender is required to send you a formal notice before filing foreclosure and give you at least 30 days to explore alternatives — including selling the property. This is your legal right, and it's the window ClearEdge uses most often to help homeowners avoid foreclosure. We can close in as little as 7 days once you accept our offer, and we coordinate directly with your lender to ensure the payoff satisfies the debt.

The financial damage of foreclosure extends far beyond losing your home. A foreclosure on your credit report stays for 7 years, drops your score by 100–150 points, and makes it difficult to rent, buy another home, or even get certain jobs. Some PA counties also pursue deficiency judgments — meaning the bank can come after you for the difference between what your home sells for at sheriff sale and what you owe. Selling before the sale eliminates this risk entirely.

Every week you wait, the situation gets harder to resolve. Interest and penalties accrue, your lender becomes less willing to negotiate, and the sheriff sale date gets closer. If you're receiving Act 91 notices, pre-foreclosure letters, or your mortgage servicer is calling about missed payments, contact ClearEdge now. Tyler personally reviews every foreclosure situation and can give you an honest assessment of your options within 24 hours — even if selling to us isn't the best one.