Re: how long can he go without making a payment
Posted by steele in minnesota on November 18, 2008 at 20:21:16:
In Reply to: how long can he go without making a payment
Posted by Kelly on November 18, 2008 at 15:12:29:
He can basically stay until they foreclose and then the six month redemption period as well. He could possibly even stretch out a month or two more if they have to evict him.
The fact that they went with a modification suggests he has them on the string. Some lenders have been known to give multiple modifications hoping one will catch.
I would be talking to my attorney.
Steele in Minnesota
Foreclosure Specialist
Schatz Real Estate Group
Minneapolis, MN
http://www.MinnesotaForeclosureNetwork.com
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