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How do we close out our home in preps for foreclosure?

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thostbjor Joined: 08 Feb 2010 Posts: 2 1.33 Dollars($)	Posted: Mon Feb 08, 2010 6:17 pm    Post subject: How do we close out our home in preps for foreclosure? Like 0 Dislike 0 Is there a checklist somewhere on what to do and when? What do i do with the keys? the garage door opener? the utilities? the bank is not local; some faceless greedy corporation who would rather lose money in an auction; than approve a short sale and lose $10k.
savior70 Joined: 25 Mar 2009 Posts: 1895 Location: Florida 261.84 Dollars($)	Posted: Tue Feb 09, 2010 3:08 am    Post subject: Like 0 Dislike 0 Hi, You do not have to vacate the property until the lender forecloses the house. The foreclosure process takes some time and if it is a judicial foreclosure, you may be entitled to a redemption period, within which you can live in the property. You will be served a notice before you are asked to vacate the house.

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