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.
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