Don't act hastily

Posted by RSI on October 24, 2007 at 13:24:05:

In Reply to: Foreclosure of the home we rent posted by Jeanie on October 24, 2007 at 13:17:23:

speak with the home owner about their intention.
Just becasue a loan enters the foreclosure process does not mean it will complete the process by being sold at auction.

With the many workout remedies in place to assist homeowners in distress, perhaps the mortgagor has a plan of action.

It is worth the inquiry.

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