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rdsgasservices · Joined: 27 Mar 2011 Posts: 1 1.32 Dollars($)

I live in oregon I have a first by wells for 115k and I have a second with chase for 215k the home might be worth 250k I`m behind 5 month`s wells has a auction date of june 15 chase has foreclosure info at the same trustee but they haven`t had the trustee send me foreclosure notification the trustee said there set up to do a non judicial foreclosure but as I said they have not mailed me yet and chase is in contact with the realtor I have trying to sell it. I wished I knew what the heck I should do

jameshogg · Posted: Sun Mar 27, 2011 11:41 pm Post subject:

Hi rdsgasservices,

If you want to save your property from foreclosure, you will be liable for paying off the deficient balance in full to the lender. However, as you're facing a hardship, you can apply for a loan modification with the lender. The lender will check your financial situation and let you know whether or not they will be able to modify the loan.

Thanks

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I am concerned of deficiency and would like to figure something I could do I have no assets a couple of autos and I don`t want to go BK o

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