Socorro, TX · Pre-foreclosure

Facing foreclosure in Socorro? We buy fast, before the auction.

In Texas, how much room you have depends on where you are in the process, so the date on your notice is the first thing to tell us. From there it usually takes one call to know whether a sale can beat the clock.

  • Written offer in 24 hours, even with a trustee's sale scheduled
  • We pay your lender directly at closing
  • A completed foreclosure follows you for seven years. A sale doesn't.
  • No fees, no commissions, no repairs
El Paso, TX

A typical El Paso, TX sale takes about 49 days once the house is listed, and that clock only starts after the prep, the photos, and the showings.

$250,257
Median area sale price
49 days
Typical days on market
8,823
Homes sold in the last year
62%
Owner-occupied homes

Local market figures for the El Paso, TX area, refreshed with each site update.

We buy homes throughout the El Paso, TX area — El Paso, Hudspeth (TX).

We help homeowners in every stage of foreclosure.

Whether you just received a notice of default or right-to-cure notice, then notice of trustee's sale or have an auction date next week, tell us which of these is closest to you, because it changes what we'd do.

  • Received a notice of default or right-to-cure notice, then notice of trustee's sale
  • Months behind on mortgage payments
  • A trustee's sale scheduled within 30 days
  • Loan modification denied
  • Forbearance ending and can't catch up
  • Second mortgage or HELOC in default
  • Property taxes delinquent
  • Want to avoid a foreclosure on your record

How it works

A cash offer skips that queue. Three simple steps:

When the clock is ticking, every day matters. Here's how fast we move:

  1. Step 01

    Tell us about your home

    Fill out the form or call. We'll ask a few basic questions about the property.

    We'll buy it as-is. Really. 8 things we still buy

    You don't have to repair, clean, or stage anything. Take what you want and leave the rest.

    • Outdated kitchens and bathrooms
    • Roof, foundation, or structural damage
    • Fire, water, or mold damage
    • Vacant or boarded-up homes
    • Hoarder homes — leave everything
    • Unfinished renovations
    • Tenants you can't or won't evict
    • Liens, back taxes, or title issues
  2. Step 02

    Get a fair cash offer

    Go over the details on a quick call, get a cash offer in writing, and walk through a simple purchase agreement together, answering every question before you decide.

    How we get to your number 4 factors

    A fair cash offer isn't a mystery or a lowball. Four things go into it:

    Recent nearby sales

    What comparable homes in your area have actually sold for, the same numbers an appraiser would start from.

    The home's condition

    What it needs, and what we’ll have to spend on it after closing. This is the factor that moves an offer most, which is why we’d rather see the house honestly than optimistically.

    Market timing

    How fast homes are moving in your area right now, and what that means for a quick, certain sale.

    Our costs

    What it takes us to buy, hold, and resell, kept lean so more of the value stays with you.

    We walk you through the math on every offer, so you can hold our number up against anything else you're told.

    Selling to us vs. listing in Socorro with an agent Side by side

    A traditional listing can be the right call when you have time and a market-ready home. When you don't, here's the honest trade-off.

    Comparison of selling to us versus listing with a real estate agent
    What you're comparingSell to usList with an agent
    Timeline to closeClose in 1-4 weeks, before your sale date when there's time, on a date you pickOften 2-6 months from listing to closing
    Repairs & cleanupNone, we buy it in the condition it’s inRepairs, cleaning, and staging usually expected before listing
    ShowingsNo showings, no open housesOngoing showings and open houses on the buyer's schedule
    Commissions & feesZero commissions, zero closing costs, minus only the loan payoffCommissions still average about 5.7% nationwide, plus closing costs
    Offer certaintyNo bank saying "No!"Offers can fall through on financing or inspection

    Every situation is different. If a traditional listing is the better move for you, we'll tell you and point you in the right direction.

    A simpler way to sell in Socorro 4 straight answers

    You skip the hassles of a traditional sale and keep more of the proceeds.

    Earlier is worth more than faster

    Two months out from the trustee's sale, the payoff can be worked at a normal pace. Two weeks out, the options narrow quickly, and some of them close entirely.

    The lender gets paid, not chased

    At closing the title company orders the payoff and wires it. You never negotiate a reinstatement figure, and you don't have to get current first.

    Equity the auction would swallow

    A trustee's sale satisfies the debt and rarely much more. A sale at a real price pays the loan off and hands you the difference.

    Liens don't have to be cleared first

    Back taxes, a second mortgage, a HELOC in default: the title company settles them out of the proceeds. It's a normal closing, not a special case.

  3. Step 03

    Close on your timeline

    Pick the closing date that works for you, in as little as 1-4 weeks or whatever suits you. Walk away with cash in hand.

Peter Ivie, Owner
Who you're working with

Hi, I'm Peter Ivie.

"I'm Peter. A teammate may handle your first quick call to get the basics, but I personally review the property, write every offer, and run the negotiation myself. No call centers, no junior reps making decisions."

Peter Ivie, Owner

Common questions

You might be wondering…

What happens after you reach out
  1. A teammate may take your first call; Peter Ivie takes it from there.Call anytime, day or night. We ask about the house, not about you. No credit check, nothing invasive.
  2. You get it in writing. The number, the closing date, and what comes off the top, in a document you can hand to an attorney or an adult child.
  3. You take as long as you need. Say yes, say no, or sit with it for a week. Our offer doesn't come with a countdown clock.
  4. Nothing changes at the closing table. If something turns up that moves the number, you hear it from us while you can still do something about it.

Requesting an offer is free, private, and puts you under no obligation. If selling isn't your best move, we'll say so.

Do you actually buy homes in Socorro, TX?
Yes — Socorro (El Paso County) is inside our buying area. We buy single-family homes, condos, and small multi-family properties throughout Texas. Most of the underwriting is done remotely; if we need to see the property, we send a local professional.
How does foreclosure work in Texas, and can you still buy my house?
In Texas, a foreclosure auction is called a trustee's sale. If you've fallen behind on payments, selling for cash is often an option — we buy as-is, in any condition, with no repairs, no commissions, and no fees, on a timeline that fits your situation.
Can you really close before the auction?
Often yes, provided we have enough time to coordinate the title work and the lender's payoff. The earlier you reach out, the more options you have. With enough lead time we can close in 2-3 weeks; tight situations may need a forbearance or a short-sale negotiation.
Will selling to you affect my credit?
Selling before the foreclosure completes typically protects your credit far more than letting it go to auction. A completed foreclosure stays on your record for 7 years; a normal sale doesn't.
What if I owe more than the home is worth?
We can sometimes negotiate a short sale with your lender. It's slower (30-90 days) but still better for your credit than foreclosure. Ask us, and we'll be honest about whether it's likely to work in your case.
Do I have to be current on payments to sell?
No. We routinely buy homes from owners who are months behind. The lender gets paid off at closing from the sale proceeds.
What does it cost to talk to you?
Nothing. There's no fee for an offer, no obligation, and no pressure. If a sale doesn't make sense for your situation, we'll tell you and point you to a HUD-approved housing counselor.

Ready for a cash offer in Socorro?

Call anytime, day or night. Have the address handy; that's all we need to start.

Call whenever suits you. We can't promise someone picks up at every hour, so leave a message and we'll call you back. When we reach out to you, it's only during your own state's legal calling hours.