Notice of Default: when selling your home becomes the right next step.

by Patti Gregory

Notice of Default: when selling your home becomes the right next step.

This is the final post in a series created to support homeowners navigating a Notice of Default — not with pressure, but with clarity.

For some homeowners, selling the property is the most realistic and empowering option. Not because there were no alternatives, but because selling creates resolution.

Why Selling Can Be a Smart Option

Selling in a Notice of Default situation can:

  • Stop the uncertainty

  • Protect remaining equity

  • Create a clear path forward

The key is how the sale is handled.

Strategy Matters

Two things make the biggest difference when selling under these circumstances:

1. Pricing competitively
The goal isn’t to test the market — it’s to attract serious buyers quickly. Competitive pricing creates momentum and reduces delays.

2. Communicating with the lender
Lenders don’t want homes back. They want solutions.

When they see:

  • A realistic listing price

  • Active marketing

  • Regular updates

They are often willing to allow time for the home to sell rather than moving forward with foreclosure.

 

The Bigger Picture

Selling a home during a Notice of Default is not giving up.
It’s choosing a solution.

This entire series was created to remind homeowners that:

  • You have options

  • You deserve clear information

  • You don’t have to navigate this alone 

  • I am here as your resource

Here's your quick YouTube Video Link Notice of Default, Video 3 of 3 👇🏻

Patti Gregory Realtor
Your Partner in Success

714.398.1998
REAL Brokerage
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