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Posted: Sun Oct 10, 2010 6:46 am Post subject: foreclosure

7 months ago started Home Modification loan on my Michigan property, I mhave been paying the loan amount, which was about half of the orginal payment, on the 29th of sept. I received a notice of foreclosure, that I don't qualify for the modification and they want all the money up front with a money order by Wed. 13 of Oct. $9,000.00. What are mym options?

jameshogg · Posted: Mon Oct 11, 2010 12:41 am Post subject:

Hi Guest,

If the lender has already offered you a permanent modification, then the lender cannot cancel it simply. You should speak to your lender immediately and clarify the whole matter. The lender has to give you an explanation regarding the same.

Thanks

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