I know your frustration. However, don't let the lenders foreclose if at all possible! A foreclosure can really damage your credit rating.

Find a qualified agent experienced in short sales. Most every home can be successfully short sold by someone who has experience. Once the short sale is submitted, the agent should be able to postpone the foreclosure date to buy you time to sell and some extra time to find another place to live. Most short sales take 60 -90 days. In most casaes, the lender pays all the closing costs so you can sell the property at no cost a closing.

Make sure you ask the person doing your short sale their experience, number of short sales completed, how they find the buyers, etc. Time is critical, so you need to act now.

Call us at 832-330-4588 and we can help you find a qualified agent in your area.

Jim McNinch
Foreclosure Prevention Network
Providing Short Sale Negotiation, Training and Loan Modification
Address: PO Box 1998 Spring TX 77383.
Phone: 832-330-4588
E-Mail: info@TrademarkForeclosurePrevention.com
Web Site: http://www.TrademarkForeclosurePrevention.com
Blog: http://www.shortsalereporter.com

Contact my office where I can review additional information on your behalf.

You need move prior foreclosure on your credit report then it makes it difficult for you lease a property, We work with families lease.

Many banks don't want your home is there a branch location you can stop in speak direct with lender, OR contact attorney's office.

Once home goes to foreclosure you are no longer responsible for tax, or insurance.

CONTACT OUR OFFICE TODAY
972-699-9111
Lynn A. Crosby ~ National Featured Realtor
Follow me on Twitter: http://twitter.com/Lynn911
"...Specializing in Residential, Commercial Properties and Loans..."
Dallas Realtor, and Credit Repair Consultant -
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Dallas Real Estate Website: http://www.lynn911.com 60,000 listings Dallas homes for sale

sorry to hear your situation! After September 1(sale date), the new owner will be your lender or the highest bidder at the court step. You can cancel your insurance on September 1.

If its goes back to the lender, then they will assign a realtor to sell as bank owned house, that may take couple of weeks or months, depends on the bank, someone will inform at that time to move out of the house but they give very short notice at that time. Now, it depends on you whether you want to move before September 1st or wait for the notice from the reo realtor to move out. As Lucy, it's always to good to look for some rental and move before that. Consult with a real estate attorney for your state law or next step.

What stress you must be under! My understanding is that you have until the date the home is presented on the court house steps. I am a Realtor and also work for a company that hires me to speak with homeowners that are facing foreclosure. Some home owners are living in the home after the date of the property sale but I would not recomend that. If you know the date, I recomend you move out, get in to a rental and have some peace of mind.
Another resource for you is to call the Title company that you closed on your home. They typically have lawyers as a resource and they will answer your questions. If you need help finding a rental home, let me know as I can help you find a home.
Take care and best wishes,
Lucy A. Puniwai
puniwai@gmail.com