Foreclosure in 92880>Question Details

Linda Acevedo, Other/Just Looking in Corona, CA

can a Servicing co sell your house without telling you or sending a letter or a sign on the house.?

Asked by Linda Acevedo, Corona, CA Wed Mar 11, 2009

Help the community by answering this question:


Yes, they can sell your LOAN to another servicing company. Of course, they can't sell your house, but servicing companies sell loans, not houses.
0 votes Thank Flag Link Sat Mar 14, 2009
I am not sure if I understand your question. A servicing company can not sell your house until they have foreclosed. During the foreclosure they are required to serve you with notice via written notice to property and or other location they have identified. In addition the notice will be published in news papers.

If they have already acquired the property thru foreclosure then they can do what ever they want to resell your property. They typically list the property with a real estate agent and place a sign in front of the property to gernerate interest.
0 votes Thank Flag Link Wed Mar 11, 2009
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