Can they sill proceed with foreclosure?
Question:
Answer:
Have you talked to them?
My guess is that they probably won't. Banks don't really like to foreclose if they can help it. Most of the time they'll work with you if you've gotten behind.
Have you received any notices that they are going to foreclose? Where do you stand with them right now?
You need to talk to them and make sure they understand that you will have it caught up in a couple months. If you've been continuing to make payments, even though you're behind, they will likely work with you.
They would be crazy to do so. Just remember that you must keep the communications channels open with your lender. Tell them what you are doing to repay the arrears. In addition, back it up by "showing them the money."
If you run into a snag, try contacting a HUD approved agency for mortgage delinquency counseling.
If you are behind on your payments, over 30 days, and have not contacted them, they can foreclose on you. You will receive notification. So you need to get in contact with Washington Mutual and talk to them about what is going on and make sure that they are not going to foreclose on you if you are getting current on your payments.
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