Posted by NJD on June 29, 2009 at 05:22:19:

In Reply to: foreclosures and short sales posted by sarah on June 28, 2009 at 20:08:25:

There are only a few things which will force the foreclosure process to stop including 1) paying the debt or devising an acceptable repayment plan with the lender, 2) the borrower's filing a bankruptcy petition, and 3) a national moratorium.

Unfortunately, submitting a short sale offer won't stop a foreclosure UNLESS the foreclosing lender agrees to temporarily stop the process to consider the offer.

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• Re: foreclosures and short sales - steele in minnesota 06:00:22 06/29/09 (0)

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