...Apparently you were given a decision. They went to sale.
On a serious note, you haven't provided enough information for a decent response. When did you apply for the loan mod? If it was within 37 days from sale date, there is no right to a mod review by the lender.... more
I don't think so. If you can explained why you had the foreclosure and show that your situation has improved. You might be required to put up a double deposit. When looking for an apartment I suggest you go through a realtor or apartment locator with a database of apartments. They have access to apartments' criteria. There are some apartments that will accept a foreclosure. Particularly, if you have rented since the foreclosure if not, you might be required also to pay a bigger deposit. I hope this helps.... more
You might want to check with us at Coldwell Banker. As part of the largest Real Estate firm in the world we can do things that others can not. We are unique in that we are the only brokerage that funds our own mortgages AND then never sell the mortgage later. So we can write our own rules!!
If you wish please give me a call and I can direct you to a local Coldwell Banker office that will give you an HONEST no-cost and no obligation assessment.
I am with Coldwell Banker Dallas but if you wish to talk to one of the great mortgage people at Coldwell Banker in your area please call me. We maintain a list of the top people in each market since Coldwell Banker does so many cross country relocations. Since it has Coldwell Banker's name on it you can be sure it is going to be honest and straight forward. Every situation is different but Coldwell Banker Home Loans has approved people much sooner than other lenders because again we are writing the rules for ourselves.
My number is 972-836-8880
Would suggest contacting a local attorney that handles foreclosure issues to look over all of your paperwork and give you an appropriate answer to your question. We agents cannot give legal advice for obvious reasons. Good luck, I hope things work out for you.... more
Rather than trying to locate and interpret laws, perhaps it's in your best interest to consult with an attorney who specializes in real estate beforehand and for any related paperwork should you decide to purchase and win the bid; be prepared and protect yourself...... more
If you are in California, your foreclosure is managed by a trustee. Typically it's a law firm but, they transact the foreclosure on behalf of the bank. Once the notice of default is filed, no, you're gonna have to pay the entire amount and will not be able to negotiate your reinstatement.
and..."Bank wasn't making the payments directly"? What does that mean?... more