Locate potential surplus.
Review the foreclosure sale, judgment, property history, and public filings.
FORECLOSURE INSIGHTS
Understand your equity. Explore your options.
Explore how a pre-foreclosure market sale differs from an auction, and what may happen to remaining equity after a foreclosure sale.
ICONIQ EQUITY PROTECTION PROGRAM
Don't let the auction decide the value of your exit.
For homeowners with sufficient time and equity, a pre-foreclosure market sale can create a different path: broader buyer exposure, a negotiated sale, payoff of qualifying obligations at closing, and the opportunity to retain available net proceeds.
PROPERTY-FOCUSED STRATEGY
Market-Driven StrategyThe objective is to pursue a competitive market outcome rather than rely on a foreclosure auction.
Equity FirstWe evaluate value, debt, timing, condition, and transaction costs to understand the potential equity picture.
Timeline AwareForeclosure deadlines matter. The earlier the review begins, the more practical options may remain.
No Outcome GuaranteeSale price, timing, lender action, credit impact, and net proceeds depend on the individual property and circumstances.
FACING FORECLOSURE? KNOW YOUR OPTIONS
MARKET SALE VS. FORECLOSURE AUCTION
Two very different ways a property can change hands.
A voluntary market sale is designed around buyer exposure, negotiation, and a planned closing. A foreclosure auction follows the foreclosure process and auction rules. The comparison below explains the structural differences—not guaranteed outcomes.
OPTION 02 · BEFORE AUCTION
Market Sale
The homeowner pursues a voluntary transaction before the foreclosure sale deadline.
01
Broader buyer exposureProperty can be positioned for market-based buyer demand where legally and contractually appropriate.
02
Negotiated pricingPrice and terms are pursued through a conventional transaction rather than auction bidding.
03
Planned closingKnown payoffs and transaction costs are addressed through the closing process.
04
Available net equityAny remaining net proceeds after valid payoffs and costs can flow to the seller at closing.
VS
CONTROLEXPOSUREPRICEPROCEEDSFORECLOSURE PROCESS
Foreclosure Auction
The property is sold through a forced-sale process governed by applicable law and auction procedures.
01
Auction bidder poolBuyer participation is limited to those prepared to bid under the auction's rules and economics.
02
Competitive biddingThe sale price is determined by bidding activity, required thresholds, and auction conditions.
03
Foreclosure-controlled timingThe schedule is driven by the foreclosure process rather than a seller-selected closing plan.
04
Surplus determined afterwardIf excess proceeds remain after legally required distributions, a separate surplus claim process may follow.
Neither path guarantees a particular sale price, net proceeds, lender action, credit outcome, postponement, or recovery. Prior mortgage delinquencies may still affect credit even if a foreclosure sale is avoided.
IF THE AUCTION ALREADY HAPPENED
Your equity may not have disappeared.
ICONIQ's surplus-recovery process remains available for qualifying former owners after a foreclosure sale.
Map the claim.
Analyze ownership, liens, judgments, probate, bankruptcy, and competing interests.
Organize the file.
Gather identity, ownership, authorization, and court-supporting documentation as applicable.
Advance the matter.
Track filings, notices, hearings, objections, and disbursement activity through resolution.
CLARITY THROUGH THE PROCESS
Your home. Your equity. Your options.
Foreclosure decisions are time-sensitive. We help you understand which path may be worth exploring based on where you are in the process.
BEFORE THE SALE
Explore ways to stay
Review potential lender, housing-counseling, and other foreclosure-prevention options while time remains.
BEFORE THE AUCTION
Protect available equity
Consider whether a voluntary market sale could provide a path to retain available net proceeds.
AFTER THE AUCTION
Investigate possible surplus
Review foreclosure sale records and potential surplus claims, subject to liens, competing interests, and applicable law.
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No one-size-fits-all promises. Eligibility, deadlines, and outcomes depend on the facts of each situation. ICONIQ Asset Recovery is a private business, not a law firm or government agency.