By Andrew Rodriguez and Tony Bertucci, Bertucci Investment Group
If you are behind on the mortgage on a New Orleans or Jefferson Parish house and the letters from the servicer have started to feel real, this page is for you. Sell my house foreclosure New Orleans is probably close to what you typed to get here. We are a local cash home buyer working Orleans Parish and Jefferson Parish every week, we close pre-foreclosure sales before the sheriff sale date, and this is a straight guide to how it actually works.
We are Bertucci Investment Group. We buy houses for cash across the greater New Orleans area, in any condition, in any parish, with any lien situation. If foreclosure is on the calendar, text or call us at (504) 920-4747 and we will set up a walk-through this week.
Get a fair cash offer on your New Orleans or Jefferson Parish pre-foreclosure house. No repairs, no commissions, no obligation. Call or text (504) 920-4747 or fill out the form below. No repairs, no commissions, no obligation. Call or text (504) 920-4747 or fill out the form below.
What Louisiana foreclosure actually looks like, and where the window closes
Louisiana uses executory process, which is faster than the judicial foreclosure most states run. A missed payment, a notice of default, a demand letter, an order for the sheriff to seize, and a sheriff sale date. Orleans Parish runs through the Civil Sheriff. Jefferson Parish runs through the Jefferson Parish Sheriff, with regular sale dates in Gretna. On a first-lien mortgage that is not contested, the entire process can run from 60 to 120 days, sometimes faster.
The window to sell the house yourself, keep the equity, and stop the foreclosure closes on the day the sheriff drops the gavel. Not on the day the notice hit your mailbox. Every week you sit is a week of penalty interest, servicer fees, and one less week to run title. If you are reading this and the sheriff sale is on the calendar, call us today.
Why a New Orleans or Jefferson Parish pre-foreclosure cash sale actually works
A traditional retail listing takes 30 to 90 days on the market for a decent house, then 30 to 45 days more for a financed buyer to underwrite and close. That is 60 to 135 days before you see any money. In a pre-foreclosure window, that timeline does not exist. Even on the fastest end, you run out of time before the closing table.
A cash sale removes the financing contingency, the appraisal risk, and the inspection-repair-credit negotiation that eats the last three weeks of a normal sale. What is left is: walk-through, written offer, title search at the Orleans or Jefferson Parish Clerk of Court, Act of Sale in front of a Louisiana notary, wire to you the same day. Two to three weeks from purchase agreement to funds is realistic. Faster if the sheriff sale forces it.
How the mortgage, the tax arrears, and every other lien get handled at closing
At closing, the title company runs the payoff numbers. Mortgage principal, penalty interest, late fees, servicer-added charges. Orleans Parish or Jefferson Parish property tax arrears. Any second mortgage or HELOC. Judgment liens, hospital or Medicaid estate-recovery liens, Louisiana state tax liens. All of it gets paid from the sale proceeds in the legal order of priority.
Whatever is left after those payoffs is your net. That number is what you walk away with. No 6 percent commission, no repair credits, no months of carry paying a mortgage on a house that is going to sheriff sale. If the equity is thin, we tell you straight, this is not a place to burn family time on a false hope. If the numbers work, we hand you a purchase agreement and a closing date that beats the sheriff calendar.
Where we buy pre-foreclosure houses
Every neighborhood in Orleans Parish, every city in Jefferson Parish. New Orleans, Uptown, Mid-City, Algiers, Gentilly, Lakeview, the Lower Ninth. Metairie, Kenner, Gretna, Marrero, Harvey, Terrytown, River Ridge, Westwego. Same buy box across every parish, same pre-foreclosure process. Start on our Orleans Parish page or our Jefferson Parish page for the parish-specific breakdown.
What we buy, and what we do not need you to do first
We buy the house in the condition it stands. Storm damage, deferred maintenance, code violations, an active tenant, a family member still living there, personal property inside, none of it disqualifies the house. You do not need to clean it out, get a repair quote, catch up on any single payment, or negotiate with the servicer before you talk to us. The offer prices the condition. If the sheriff sale date is close and the family situation is complicated, we still buy. That is what we do.
Red flags when a ‘we buy houses’ operator contacts you during pre-foreclosure
- They promise to close in 24 or 48 hours. A real Louisiana title search takes several days. Anyone promising overnight is skipping title (which nobody sane will do) or planning to assign your contract to another investor without telling you.
- They ask you to sign a deed instead of a purchase agreement. That is a title-transfer scam, not a sale. Never sign a deed to an investor without a closing at a Louisiana title company or attorney’s office.
- They will not name the title company or closing attorney they will use. Real buyers already have a relationship with a Louisiana closing office. Ask up front.
- They pitch a lease-back arrangement that lets you ‘stay in the house.’ That structure is heavily regulated in Louisiana and has been used to strip equity from distressed sellers. Talk to an attorney before signing anything that keeps you in the house as a tenant of the new owner.
- They will not put the offer in writing. Any cash offer worth taking is on paper, with a specific price, closing date, and earnest money deposited to a title company escrow.
Frequently asked questions
Can you buy my New Orleans or Jefferson Parish house before the sheriff sale?
Yes, and this is the point of a pre-foreclosure cash sale. Louisiana foreclosure runs through executory process at the parish sheriff. Once the seizure order goes out and a sheriff sale date is set, the clock is real. If we have a signed purchase agreement in hand and title cooperates, we can close in about two to three weeks, sometimes faster if the sheriff date is close. The mortgage servicer gets paid off from proceeds at closing and the foreclosure stops.
How much time do I actually have before Louisiana foreclosure completes?
It varies. Louisiana uses executory process, which is faster than judicial foreclosure states. From the notice of default to a sheriff sale can be as little as 60 to 120 days for a first-lien mortgage in Orleans or Jefferson Parish, longer if you contest or file for reinstatement. The Orleans Parish Civil Sheriff and Jefferson Parish Sheriff post sale dates on their public sites. As soon as you know your date, call us. We work backward from that.
Will you buy if I am behind on Orleans Parish or Jefferson Parish property tax too?
Yes. Tax arrears are common in pre-foreclosure situations. Unpaid Orleans Parish or Jefferson Parish property tax comes out of the sale proceeds at closing through the title work, same as the mortgage payoff. You do not pay it down before we buy. The gross price on the purchase agreement stays what it is; your net is what remains after mortgage, tax, and any other lien payoffs.
Do you buy houses in pre-foreclosure in Metairie, Kenner, Gretna, and other Jefferson Parish cities?
Yes. Same buy box across Jefferson Parish. Metairie, Kenner, Gretna, Marrero, Harvey, Terrytown, River Ridge, Westwego. If the sheriff sale is on the Jefferson Parish Sheriff’s calendar and the property is in one of those cities, call us. We work Jefferson Parish pre-foreclosure every month.
What if I have a second mortgage, a HELOC, or a judgment lien on the house?
All handled at closing. Second mortgages, HELOCs, hospital liens, judgment liens, and Louisiana state tax liens all get identified during the title search and paid off from proceeds in the correct order. Sometimes a junior lienholder will accept a short payoff to release the lien so the sale can close. The closing attorney negotiates the releases; you do not have to.
Does a cash sale before foreclosure protect my credit?
It protects your credit far better than a completed foreclosure does. A foreclosure judgment on your Louisiana credit report follows you for seven years and makes buying or renting a home much harder. A voluntary sale before the sheriff sale is just a normal transaction on your credit file. Late payments already reported stay reported, but the foreclosure itself never lands. Talk to us early, that is the only way this works.
How is your offer different from a short sale or a loan modification?
A short sale requires the mortgage servicer to approve a payoff below what you owe, which can take 60 to 180 days and often falls apart. A loan modification requires the servicer to change your terms, which usually needs proof of stable income you may not have. Our cash offer is between you and us. We close on the equity you actually have; the servicer just gets paid off at the closing table. No servicer approval, no modification underwriting, no waiting.
Ready for a real number on your New Orleans or Jefferson Parish pre-foreclosure house? Call or text (504) 920-4747, or start with our New Orleans cash-buyer page. Also useful: Jefferson Parish, Metairie, and Kenner if the property is nearby.