Accelerate foreclosure proceedings?

Author Message
Help

Guest







Post Posted: Wed May 27, 2009 6:04 am    Post subject: Accelerate foreclosure proceedings?
Like
Dislike

Is there a trick to accelerate foreclosure proceedings? With the amount of foreclosures in my state this is taking months. I moved out months ago, but still no sale date. After I moved out, the mortgage company is not interested in discussing anything with me or the law firm, as I show no interest in keeping the home. Believe me, this is the hardest thing I ever had to do and I do feel like a loser, at least financially and credit wise. People seem to think you are stupid or have a low IQ, if you wind up in financial trouble and give up your home. Thanks!!!
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 12160
Location: Nevada
1221.50 Dollars($)
Post Posted: Wed May 27, 2009 10:45 pm    Post subject:
Like
Dislike

Hi Guest,

Keeping in mind the market situation, it would be difficult for you to accelerate foreclosure proceedings. If you are interested in saving the property, then you should apply for a loan modification and check out if the lender accepts it or not.

Thanks
Icon Mini Profile sunil87020





Joined: 04 May 2009

Posts: 341

27.18 Dollars($)
Post Posted: Thu May 28, 2009 10:42 am    Post subject:
Like
Dislike

HI Jameshoqq,
Is loan modification from same lender is possible or shall we go for different lender?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 12593
Location: Alaska
1309.02 Dollars($)
Post Posted: Thu May 28, 2009 10:36 pm    Post subject:
Like
Dislike

Hi Sunil!

Your original lender will offer you the loan modification program. Other lenders won't offer the loan modification plan to you. However, if you're planning to refinance, then you can go for other lenders.

Feel free to ask if you have further queries.

Sussane
Icon Mini Profile sunil87020





Joined: 04 May 2009

Posts: 341

27.18 Dollars($)
Post Posted: Sat Jun 13, 2009 11:03 am    Post subject:
Like
Dislike

thanks sussane
Ask question
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message Body
All times are GMT - 7 Hours
Page 1 of 1

 
Delete this topic Move this topic Lock this topic Split this topic 

Page loaded in 0.789 seconds.