Foreclosures Discussion Archive 16

Re: mortgage sold while in forclosure? OHIO

Posted by NJDave on February 22, 2006 at 12:47:33:

In Reply to: Re: mortgage sold while in forclosure? OHIO posted by Lisa on February 22, 2006 at 12:41:46:

They might consider a workout if 1) you can demonstratefinancial ability, and 2) its in their best, financial interest to extend or consider a workout.

They don't need to strat a new foreclosure, they simply "step into the shoes" of the previous lender and continue.

How much is owed? How much is it worth? It may6 be in your best interest to try to sell.

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: They might consider a workout if 1) you can demonstrate

: financial ability, and 2) its in their best, financial interest to extend or consider a workout.
: They don't need to strat a new foreclosure, they simply "step into the shoes" of the previous lender and continue.
: How much is owed?  How much is it worth?  It may6 be in your best interest to try to sell.


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