what should you do if your house is for sale and face possible forclosure?

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what should you do if your house is for sale and face possible forclosure?

2007-08-28 06:03:55 · 3 answers · asked by ladijae2006 1 in Business & Finance ➔ Personal Finance

3 answers

i would make the payments and get it out of forclosure -- but you could contact the lender and see if he will make you a quick sale on the home!!!

2007-08-30 11:22:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋

You should contact your mortgage bank and explain the situation. Tell them that the house is on the market. You may be able to work out a payment plan with them that you can afford temporarily. Believe me, banks want to avoid foreclosure as much as you do. The process is expensive and right now foreclosed properties aren't even selling.

2007-08-28 14:31:37 · answer #2 · answered by Jay P 7 · 0⤊ 0⤋

Short Sale, if not yet..

2007-08-28 13:20:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋