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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Mistaken foreclosure auctions are generally cancelled. Posted by Ward-CA- on May 25, 2002 at 4:40 PM In Reply to: Mistake in foreclosure sale in NY posted by Jim on May 22, 2002 at 9:28 PM : I won a bid on a foreclosure, and paid 10% as a down payment.When I got home I had a message from the defendants attorney, who claimed the foreclosure was a mistake.According to the attorney, the mortgage company had modified the defendants loan, and the foreclosure sale should have never taken place. : Lets say that the attorneys claims are in fact true. Can you legally overturn a foreclosure sale? ========== Jim, Since it's a given tha we humans aren't perfect there's provisions in the foreclosure laws to void sales that shouldn't have been cried. At least once a year I'm informed the same day or the next day that a mistake was made and the sale is going to be reversed and my money returned. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I won a bid on a foreclosure, and paid 10% as a down payment.When I got home I had a message from the defendants attorney, who claimed the foreclosure was a mistake.According to the attorney, the mortgage company had modified the defendants loan, and the foreclosure sale should have never taken place. : : Lets say that the attorneys claims are in fact true. Can you legally overturn a foreclosure sale? : ========== : Jim, : Since it's a given tha we humans aren't perfect there's provisions in the foreclosure laws to void sales that shouldn't have been cried. : At least once a year I'm informed the same day or the next day that a mistake was made and the sale is going to be reversed and my money returned. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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