I'm sorry to hear about your situation. I've worked with several homeowner sinyour situation. If you are interested in stopping the foreclosure proceedings, I suggest speaking with Marcus Leinart, http://www.leinartlaw.com/. I've referred him to about 20+ homeowners and he was able to move quickly enough to save their homes. But I'd call him tomorrow to get the information asap.
As far as how long you have in the house in the event that is is foreclosed on the 5th, most banks offer a "cash for Keys" program that will give you about 30 days to move out. Give or take a few days after the actual foreclosure for the property to be assigned to a local REO agent then the 30 days should kick in. If you do not come to an agreement with the agent on a move out date, you forfeit the "cash for keys" and then the eviction process will be initiated via the constables office. That takes about 7 days.
I hope this was helpful. Feel free to contact me if you have any questions and I can walk you through the process.
Elaine Harper - 972.302.8327
Most banks will take you much more seriously if you have an agent and are legitamately trying to sell your home yourself. The banks normally save a lot of money going the short sale route as opposed to foreclosure.
If you are not currently listed with an agent, I would get a hold of one ASAP. You can give me a call if you need one. I am a Shortsale and Foreclosure Resource certified by the National Association of REALTORS® and would be happy to help you out.
Because it's more than real estate. It's RAYL-Estate!
Brian Rayl, REALTOR®, e-PRO, SFR
Keller Williams Elite Park Cities
I'm sure others might have other opinions, but you don't truly have to move out until you are asked to leave by the new owner of your home after 4/5/11. It could be the shortly thereafter, 1 month, 6 months or longer. It just depends on how quick the new owner (a Bank or Fannie Mae or RMBS owner) gets around to filing the correct documents to remove you from the premesis.
There are some instances down here in Austin where people have been living in the former home for 6 months 'rent free', 12 months, or longer as Fannie Mae is still very backed up in processing all their foreclosures.
That said, it's still best to have a backup plan ready to go at a moments notice if need be.