Re: re-instatement

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