Posted on: 13th Jan, 2014 12:38 am
Hello there... Will my foreclosure not be considered as complete unless the property is sold off at an auction?
Hi Guest,
Yes, it is true that unless the property is sold off at an auction, the foreclosure will not be considered as complete.
Thanks
Jerry
Yes, it is true that unless the property is sold off at an auction, the foreclosure will not be considered as complete.
Thanks
Jerry
Hi Guest!
Welcome to the forums!
Jerry is right in saying so. However, it should also be noted here that once the lender files for foreclosure, the negative item will get mentioned in your credit report.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
Jerry is right in saying so. However, it should also be noted here that once the lender files for foreclosure, the negative item will get mentioned in your credit report.
Feel free to ask if you've further queries.
Sussane