QUESTION
Can I get a loan modification if my house didn't sell at sheriff's sale 8 days ago?
Asked on Jul 27th, 2013 on Foreclosures - California
More details to this question:
Can I get my home back if it was not sold at sheriff's sale 8 days ago?
1 ANSWER
If the property didn't sell to a third praty, then the lender now owns it. You would in effect have to negotiate to buy the house back from the lender with a new loan. Since you defaulted once, the lender is unlikely to loan you money again, but it wouldn't hurt to talk to the lender and see what you can do.
Answered on Jul 30th, 2013 at 1:08 AM