please contact me directly if you need further help. I am an REO broker and I do know the banks preferred options in thsi situation
Good luck and don't give up!
Metro Brokers Fl Realty, LLC
You may want to object to the sale if you're the owner and have a true hardship and then immediately attempt to get a Short Sale via the HAFA program. If your lender participates and you qualify, you can get $3,000 in relocation "incentive". It's certainly worth a try.
If you're a renter and want to stay, you should be able to as long as your lease is in writing and you are paying "market" rental rates.
Best to start moving!
Need more information, are you a tenant or owner/occupier?
Couldn't you short sale the property?
As a side Bank of America feels confidant and as is moving ahead with a large portion of the properties they froze a few weeks back.
Dave Lowe, broker
GRI, ePRO, Realtor
Community and Family Values