Re: is there any way I can stall a forclosure to last 6 months?
Posted by Dianne Patterson on December 31, 2008 at 16:38:31:
In Reply to: Re: is there any way I can stall a forclosure to last 6 months? posted by FP on December 27, 2008 at 13:08:30:
Ca has certain time lines. A notice of default has to be filed. This is generally filed 3-6 months after not paying. Then you have 90 days to fix the problem. If you dont, they will file a not (notice of trustee sale) and they must post in and put in in the newspaper for three consecutive weeks (21 day). Then they will buy your home on market. If you do a short sale with a realtor , they may be able to get you some time while the bank looks at the offer. But if that is not what you want, the bank will send an agent out to your home to offer cash for keys and give you a couple more weeks to move. In the last two months, I have seen banks giving the prior owners two months to move. With these time frames, you might get the six months.
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