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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Making an offer to the lender... Posted by 2nd Fred on April 08, 2003 at 10:56 AM Hi Ward, Is it possible when a NOD is filed to contact the lender, make an offer to pay off the loan and now own that position? Once in that position, because I paid off the default amount, am I free to foreclose? How does all this work? I guess my question goes to why the lender goes all the way to sale and the bidders at the sale don't go to the lender beforehand and purchase it. Thanks, Fred Follow Ups: Re: Making an offer to the lender... David 11:11 PM, 04/08/03 (0) Re: Making an offer to the lender... SeanW 4:10 PM, 04/08/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward, : Is it possible when a NOD is filed to contact the lender, make an offer to pay off the loan and now own that position? Once in that position, because I paid off the default amount, am I free to foreclose? : How does all this work? : I guess my question goes to why the lender goes all the way to sale and the bidders at the sale don't go to the lender beforehand and purchase it. : Thanks, : Fred 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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