Posted on: 27th Mar, 2011 07:25 pm
I live in oregon I have a first by wells for 115k and I have a second with chase for 215k the home might be worth 250k I`m behind 5 month`s wells has a auction date of june 15 chase has foreclosure info at the same trustee but they haven`t had the trustee send me foreclosure notification the trustee said there set up to do a non judicial foreclosure but as I said they have not mailed me yet and chase is in contact with the realtor I have trying to sell it. I wished I knew what the heck I should do
Hi rdsgasservices,
If you want to save your property from foreclosure, you will be liable for paying off the deficient balance in full to the lender. However, as you're facing a hardship, you can apply for a loan modification with the lender. The lender will check your financial situation and let you know whether or not they will be able to modify the loan.
Thanks
If you want to save your property from foreclosure, you will be liable for paying off the deficient balance in full to the lender. However, as you're facing a hardship, you can apply for a loan modification with the lender. The lender will check your financial situation and let you know whether or not they will be able to modify the loan.
Thanks