Many homeowners that are in foreclosure wonder if it is possible to extend a foreclosure sale date. An auction date is usually set after a borrower is pretty far behind in payments. If the borrower is not able to pay off the amount of the delinquency, a date for the foreclosure auction will be established. You will find information about foreclosures below that will be useful if you are facing foreclosure. Foreclosure Sale Date Extension There are a couple of ways to extend or even stop … [Read more...] about Information About Foreclosures
loan modification
Loan Modification Denied after Trial Period
You could be stuck facing foreclosure if your loan modification is denied, even after you've successfully made trial payments on time and in full. Your lender is not required to modify your loan, but may accept packages for review, and even offer trial payments that provide a glimpse of hope. So, why was your loan modification denied after trial period payments? Quite frankly, your mortgage company stands to make more money on the property by foreclosing. Rather than working with you to make … [Read more...] about Loan Modification Denied after Trial Period