The latest "save" was Friday. We were able to "save" the house in Temecula before the auction at 9:00 a.m. pst. At 8:57 a.m. (same day) we notified the trustee company to stop the sale, with 3 minutes to spare.
There seems to be some confusion about how to "stop" a sale. There are three basic reasons:
1) Investor feels there are other financial options.
2) Legal reasons, B.K. etc.
3) Selling "bid" not high enough.
As crazy as it seems, it is not to late to save your home right up to auction. It is in your best YOUR interest consult a "loan modification'' professional to enusre you have been advisted of all the options. If action is taken early enough the modification process is very effective.
So it looks like you know how to keep homes from being foreclosed upon.
Can you elaborate on what you do to stop foreclosure?
Posted by: MTR | June 23, 2008 at 08:33 AM
Dear Mr. John:
I thank you for that short time we spend over the telephone. During our conversation I remember we left when you said $2,995 for the lawyer, I was cut off in every other word, I am very sorry for the interruption. I do not know the legal way in America to stop this issue. I could not work on my computer as well. The court order him to paid the home he never make one payment because he want to bank to take it. Let concentrate and get the modification. I check my e-mail you did not send any thing for me yet. I call my son and tell him you call me because he was looking to help me. Since you in California, do you have an office in Florida? Would you be able to take this money out from the loan that I am requested? Please let me know what to do. Thank you in advance, Maryse Louis
Posted by: Maryse Louis | November 03, 2008 at 05:52 PM
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Posted by: chad | December 12, 2008 at 09:52 AM
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Posted by: chad | December 12, 2008 at 09:53 AM
http://www.NLAudit.com
National Loan Auditors works with homeowners, attorneys, and lenders to simplify the loan modification process. A forensic loan audit may help save your home.
Posted by: National Loan Auditors | March 30, 2009 at 01:30 AM
Now that's impressive; I've never heard of stopping a foreclosure while the auction is underway....
Posted by: Loan Modification Zoom | April 08, 2009 at 12:59 AM
Eileen
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loan modification
Posted by: loan modification | June 25, 2009 at 04:57 AM
nice post..thanks for the info..
Posted by: Melba Solis | November 22, 2009 at 12:20 AM
your post really help others thanks for the information..keep posting..
Posted by: Nancy Carlson | November 25, 2009 at 03:47 PM
3. I have already applied for a loan modification can I still get a piece of the $75 billion?
Since there is financial incentives in the program for both the lender and the borrower, your lender will be more than willing to consider you under Obama’s loan modification program as long as you meet its guidelines and they are participating in it.
http://www.obama-loanmodification.com/top-10-questions/
Posted by: Reene Bolton | December 14, 2009 at 05:59 PM
Do You Qualify?
1. Do you live in the home?
2. Is your current loan amount within the Fannie Mae conforming limits ($625,500 in high cost areas
and for other areas it is $417,000)
3. Are your current house payments more than 31% of your gross income?(Loan modification kits can
help with all financial calculation your lender may want to see)
4. Are you must be able to prove you have current income?
5. Do you currently have a job?
http://www.obama-loanmodification.com/
Posted by: Melba Solis | December 17, 2009 at 04:39 PM