Compare Mortgage Quotes

Guest

I am into foreclosure and trying to fight a foreclosure on my home. Well, when I checked the loan docs and the records at the County Registrar Office and found two different names. I believe this loan was sold immediately after I purchase the house. What are some options that I could utilize in order to stop foreclosure?

smithsussane · Posted: Tue Feb 21, 2012 1:29 am Post subject:

Hi Samson!

Welcome to forums!

If you owe the mortgage on the property, then the lender can foreclose it at any cost. Though the loan has been sold off to some other lender, you still owe the debts to someone. If you want to save the property, then you should contact your lender and apply for a loan modification. This will help you in getting a better repayment plan to pay off the debts.

Feel free to ask if you've further queries.

Sussane

adonis · Posted: Tue Feb 21, 2012 8:53 pm Post subject:

Welcome Samson,

You should check your mortgage docs carefully in order to find out who your mortgage lender is. Then you should contact your lender and apply for loan modification as suggested by Sussane. Loan modification is the only way which will help you in saving your property from getting sold off.

smnthaking · Joined: 03 Feb 2012 Posts: 58 10.15 Dollars($)

Realize this is a temporary fix. The lender, if it is willing to work with you at all, will only do so for a couple of months. It will want to see you make every effort to get the loan back on track (out of default) or sell the home.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

How to stop foreclosure?

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1