Foreclosure in Oakdale>Question Details

Lisa, Renter in Escalon, CA

Let home got 4 years ago

Asked by Lisa, Escalon, CA Sat Jul 7, 2012

Hi we left are himes 4 yrs ago and did bankruptcy 3 years ago the home have not gone into forclosure and the deed is still in are name any advise.

Help the community by answering this question:


Until the lender forecloses - the home is still yours. If you wish for it to go away faster, you may want to consider a short sale.
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0 votes Thank Flag Link Tue Jul 10, 2012
Yes the home was included in bankruptcy
0 votes Thank Flag Link Sat Jul 7, 2012
Dear Lisa,

The way that I understand it, as long as you are legally on title to the property you are responsible for the upkeep, HOA dues, homeowner's insurance and other obligations that "run with the land". Until the lender forecloses you will remain on title. There is really no way to force a lender to foreclose on a property. Bankruptcy does not relieve you of continued obligations after discharge.

This is why I personally feel that that it is prudent to remain in your home rather that abandon it. It allows for the homeowner to save needed money and monitor the condition of the property until the bank finally completes a proper foreclosure action.

Please do not confuse my answer with professional legal advice. Seek the counsel of a qualified real estate attorney for further recommendations.

Diane Wheatley, Broker
0 votes Thank Flag Link Sat Jul 7, 2012
Hi Lisa, Was the home included in the bankruptcy?  You may want to consider a short sale.  

Best Regards,


Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 - Office
(209) 915-6209 - Mobile

"Committed to your success!"
0 votes Thank Flag Link Sat Jul 7, 2012
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