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Old 10-07-2016, 01:06 PM   #8574
Bonka
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Quote:
Originally Posted by TOPEC View Post
Thanks, but I'm looking for info from sellers pov. Reason being a relative's property... well now distance relative's property is on foreclosure, possibly due to their shady son pulling some stunt. The parents at this point still is not in the loop of wtf is going on, or chooses not to believe the countless warnings other relatives has given them n continues to believe what their son is telling them. They're pretty SOL at this point I believe lol.
Lenders try to avoid foreclosure if possible. The title owner(s) should be speaking with their lender as to alternate options available to avoid losing the home altogether. How long has this been going on?

Depending on the amount of defaulted payments and circumstances the lender could stop proceedings if the outstanding balance PLUS legal fees and processing charges are paid to date.
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