Re: 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.
Follow Ups:

Subject :
Foreclosure Listings
Map Search
  • Map Search
  • Click on the map to search by state and county, or enter a Zip Code then click "search".

Resources
Investing Articles
Assistance