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Posted by Bill H on October 28, 2006 at 18:50:52:
In Reply to: re-instatement posted by Ron on October 28, 2006 at 13:33:07:
: Does everyone have right to re-instatement during foreclosure or is that something that must get approved?
In every state that I know of...YES..as long as it is done PRIOR to the actual sale.
In all states there is a set time limit for reinstatement and you must do it during that time period.
In other states you can reinstate for a certain period and them after that and prior to the actual sale you must pay the loan in full to reinstate.
Good Luck,
Bill H
