If my mortgage is in FORECLOSURE FOR 60 DAYS?
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Answer:
Every scenario is different. Your best bet is to get a hold of your bank and try to work something out. Banks usually do not want to go through with the for closure. It is timely and expensive. Call your bank!
That is up to your lender
CALL THE MORTGAGE LENDER AND ASK!
If it is in foreclosure it is up to the bank or trustee who holds the note. Odds are if they have gone to foreclosure they are not intersted in fooling with it much longer; if it hasn't been advertised for sale, you might have a chance. CONTACT YOUR LENDER RIGHT NOW and ask them. Be prepared to send payment of some type TODAY!
contact your mort company--they will attempt to work a deal w/you talk to them. Sell or let go the fancy car..a home is most important
When did you receive your notice of default and what state are you in? Contact me at my email address below. or cal l562-467-7320.
Have you received your NOD (Notice of Default)? It has been in forclosure for 60 days correct? 1. Call your lender, see if they will re-afirm your note. Make extra payments to them. 2. If you have not gone to court as of yet, it may be workable. Do you have a friend or family member willing to buy your home (perferbly a friend). They buy your home, you live there, pay them with a land contract, and in 2 years refinance it - pay the friend off. It is legal to do. But do call your lender, see if they are willing to help you. ok - There are hard money lenders that will do a refinance on your property, but you will only get 65 LTV (Loan to value) of your appraised value.
Good luck to you.
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