67. Can You Get Your House In Ohio Back After Foreclosure?

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We Buy Houses In Ohio. We are homebuyers in Ohio and we offer cash for houses throughout the Buckeye State. If you’re facing the possibility of foreclosure in the future, perhaps you are wondering can you get your house in Ohio back after foreclosure. After all, you need a place to live in!

Unfortunately, after the court rules in favor of your lender and agrees with the lender to proceed with foreclosure, it is very hard for you to get your house back. In fact, in the State of Ohio, a homeowner only has a right of redemption up until there is court confirmation of foreclosure sale.

Instead of wondering can you get your house in Ohio back after foreclosure, here’s another option.

The good news is, if you’re not in foreclosure yet, you have options.

The best options are to pay off your mortgage or work out a payment plan with your lender. They’ll prefer to keep you in your house and instead just collect the money owed to them.

A mortgage reinstatement involves the homeowner paying the total amount owed to the bank, including missed payments, late fees, and any additional charges. This option is typically available until a certain point in the foreclosure process, and once the homeowner fulfills the financial obligations, they may be able to stop the foreclosure and regain control of their property.

A loan modification is where the homeowner and the bank agree to modify the terms of the existing mortgage to make it more manageable for the homeowner. This could involve lowering the interest rate, extending the loan term, or other adjustments to the loan agreement. Loan modification can be a viable solution for homeowners facing financial difficulties, as it provides a way to bring the mortgage payments within their financial means.

If these are not options for you at this time then you may decide to do what a lot of homeowners facing foreclosure are choosing to do: Sell your home before the foreclosure process and pay the lender what is owed to them.

While not an ideal option (because you’ll have to give up your house), it’s still a preferable option to foreclosure because you’ll have cleared up your debt to the bank and you won’t have the long-term impact to your credit score that a foreclosure would have.

This option is proactive and long-term, which is why homeowners facing foreclosure love it: it’s proactive because you’re taking control of your financial situation; it’s long-term because you’re accepting the short-term discomfort of selling your home in exchange for the long-term benefit of a better credit rating.

Here’s a secret to selling your Ohio home fast so the bank can’t take it

Sell My House In Ohio

You could work at trying to find a buyer to take your home. However, a faster and easier option is to find an investment firm that buys houses as-is for cash, fast. Instead of spending all of your time and energy trying to locate a buyer, there are many companies that can do this for you. Companies like Homesmith will purchase the property from you at a reduced price, and very quickly.

Legal Challenges

Legal challenges to the foreclosure process may also be considered. If the bank has not followed proper procedures or if there are legal irregularities in the foreclosure process, the homeowner may have grounds to challenge the foreclosure in court. This could result in the court halting the foreclosure or even overturning the sale.

Furthermore, filing for bankruptcy is an option that can temporarily halt the foreclosure process. When a homeowner files for bankruptcy, an automatic stay is issued, preventing creditors, including the bank, from pursuing collection efforts, including foreclosure. While this provides a temporary reprieve, it is essential for the homeowner to work with legal and financial professionals to address the underlying issues contributing to the foreclosure.

It is crucial for homeowners in foreclosure to seek professional advice and explore these options promptly. Consulting with foreclosure defense attorneys, financial advisors, or housing counselors can provide valuable insights into the specific circumstances and available remedies. Time is often of the essence in foreclosure cases, and taking proactive steps to address the situation can improve the likelihood of a favorable outcome.


In summary, while facing foreclosure poses a significant challenge, homeowners are not without options to potentially reclaim their homes. Strategies such as mortgage reinstatement, loan modification, the right of redemption, legal challenges, and bankruptcy offer potential avenues. However, the success of these alternatives hinges on the unique circumstances of each case. Seeking professional guidance is crucial for making informed decisions and navigating the complexities of the foreclosure process. Additionally, for those seeking a swift resolution, exploring the option of selling the house in its current as-is condition for cash provides an expedient and practical alternative that homeowners can initiate promptly.

If you are ready to sell your house in Ohio directly to Homesmith, get in touch with us today! We are your local home buyers and you don’t have anything to lose by seeing what we’ll offer on your property.

Simply fill out our form and tell us about your house, or just call us at (614) 401-3651 or (877) HOMESMITH and let us know that you want to sell fast.

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Foreclosure Auction Location in Franklin County: https://www.homesmith.com/locations/franklin-county-courthouse-foreclosure-auction-location-columbus-oh/ 

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