No upfront cost
We advance all time, coordination, and resources. You pay nothing until closing.
Market-value outcomes
We work toward a real market sale, not a discounted rush sale.
More time, when possible
We pursue every avenue with lenders and trustees to create breathing room.
Full coordination
Broker, title, lender, closing - we manage every moving part for you.
Our commitment to you
KarmaExit was built on one belief - families facing foreclosure deserve dignity, real options, and someone in their corner. We are not here to buy your home cheap. We are here to help you keep as much of it as possible. We only win when you win.
Why KarmaExit exists
Foreclosure doesn't just take a home - it takes equity, stability, and dignity, often from people who have spent years building all three. Most homeowners facing this situation are told they have two choices: lose everything at auction, or sell fast to an investor for a fraction of what their home is worth.
We believe there's a better way.
KarmaExit was built to give homeowners a real third option - one where they keep their dignity, their time, and as much of their equity as possible. We coordinate with lenders, attorneys, and licensed real estate brokers to pursue outcomes closer to true market value, not a forced discount.
We don't profit from your loss. We only succeed when you do. That's not a tagline - it's the entire business model.
The basics
How does it work?
We start with a free call to understand your situation - your auction date, your lender, and your goals. If it's a fit, we negotiate directly with your lender or trustee to request a postponement. If that doesn't work, we bring in the best legal attorney to take any legal action available to create more time - giving you the opportunity to pursue a sale closer to market value, rather than a discounted rush sale. We then coordinate with a licensed real estate broker to list and sell your home. If we succeed, you walk away with your share of the proceeds, after closing fees, agent commission, and our fees are accounted for.
Do I have to pay for your service?
No. There is no upfront cost, ever. We only get paid if we successfully help you reach a market-value sale. Our fee comes directly out of the closing proceeds - never out of your pocket before that.
What is your fee?
Our fee is discussed and agreed upon during your free call, based on your specific situation. It is always a success-based fee - paid only at closing, directly through escrow. If we don't succeed in helping you reach your goal, you owe us nothing.
Who covers legal expenses to postpone the auction?
KarmaExit covers the legal costs involved in pursuing any action to create more time for you. There is no upfront cost to you for this - we advance these expenses as part of our commitment to helping you reach a market-value outcome.
What types of properties do you work with?
We work with all property types - single family homes, condos, multi-unit properties, and commercial real estate.
Do I need a minimum amount of equity to qualify?
Yes, we generally require at least 30% equity in the property for this process to make sense for you. During your free call, we'll look at your numbers together to confirm if you qualify.
What states do you operate in?
We work with homeowners nationwide, across all 50 states.
Your situation
Will this affect my credit?
No, selling before auction does not directly affect your credit the way a completed foreclosure does. A foreclosure on your record can significantly damage your credit for years. By selling before auction, you avoid that foreclosure mark entirely.
What happens to my second mortgage or HELOC?
We can negotiate with second lien holders as part of the process. Having a second mortgage doesn't disqualify you - it's simply factored into the closing numbers alongside your first mortgage.
Can I stay in my home while it's being sold?
Yes, typically you can remain in your home throughout the listing and sale process, right up until closing.
Is there a risk of a deficiency judgment after the sale?
Generally, deficiency judgment risk is rare in our process since we're working toward a market-value sale that satisfies the mortgage balance - unlike a short sale or auction loss. Every situation is different, so we recommend confirming with a licensed attorney for your specific case.
How is this different from a cash sale to an investor?
Cash buyers typically offer well below market value - often 60-70% of what your home is worth - because they profit from buying low and reselling. We do the opposite. We coordinate a licensed broker to sell your home on the open market, working toward a price closer to full market value.
What about filing Chapter 13 bankruptcy?
Chapter 13 can be a valid option for some homeowners and may pause foreclosure through an automatic stay. However, it requires a structured repayment plan and ongoing court oversight, which isn't right for everyone. We are not a law firm and cannot advise you on bankruptcy - but we can refer you to a bankruptcy attorney if that path makes more sense. Many of our clients prefer pursuing a market-value sale instead.
If your home already sold at auction
What happens if my property goes to auction?
At auction, most buyers are cash investors - since auctions typically require cash purchase, which limits the buyer pool. Because of this, homes often sell for around 60% of their market value at auction, sometimes less. This means if you have less than 50% equity, there's a real chance you could walk away with nothing after the sale. If you have 50% or more equity, you may still see some funds - but it's rarely the outcome you'd get from a market-value sale.
Do I have to move out immediately after an auction sale?
No, not usually immediately. There's typically a redemption or transition period depending on your state, and in many cases, we can negotiate additional time with the new owner or lender on your behalf. We can also discuss whether relocation assistance is possible to help support your move when the time comes.
Can you help me get assistance to cover moving costs?
In certain situations, yes. We can communicate with the buyer, investor, or new owner to discuss a transition arrangement - which may include financial assistance to help cover your moving costs in exchange for a smooth, timely move-out. Every situation is different, so this is something we'd walk through with you directly.
I'm worried about being forced out with nowhere to go - can you help?
We understand how stressful this is, and you're not alone. We advocate on your behalf - whether that's negotiating more time to find your next place, or working out a transition arrangement with the new owner that gives you breathing room and possibly some financial support along the way.
What if my home already sold at auction - is it too late?
Not necessarily. If your home sold at auction for more than what was owed on your mortgage, that extra money - called excess funds or overage - legally belongs to you, not the bank or the county. Our sister company, ClaimOverage, helps homeowners recover these funds at no out-of-pocket cost.
What are excess funds?
Excess funds (also called overage) are created when a property sells at auction for more than the total amount owed - including the mortgage balance, fees, and costs. That extra amount legally belongs to the original homeowner. Many people don't know this money exists, and in some states, if it's not claimed within a certain time, it can be absorbed by the county.
How do I know if I have excess funds owed to me?
If your home already went to auction, our sister company ClaimOverage can check county records on your behalf to see if any excess funds exist in your name - completely free, with no obligation.
Does it cost anything to check for excess funds?
No. ClaimOverage works on a no-upfront-cost basis, just like KarmaExit. If funds are found and recovered, a fee is taken from the recovered amount - never out of your pocket before that.
Who we are
Are you a real estate agent or broker?
No. KarmaExit is not a licensed real estate broker or agent. We coordinate with independently licensed real estate brokers who handle all listing, marketing, and brokerage services on your behalf.
Are you a law firm?
No. KarmaExit is not a law firm and does not provide legal advice or legal representation. When legal action is needed, we engage licensed attorneys to handle that on your behalf.
Are you a financial advisor?
No. KarmaExit does not provide financial, tax, or investment advice. We strongly encourage you to consult a licensed financial advisor or tax professional regarding the financial implications of any decision involving your property.