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Re: Recovering from a Screw-up

Posted by Jk on June 18, 2003 at 10:34 PM

In Reply to: Re: Recovering from a Screw-up posted by Jk on June 18, 2003 at 10:31 PM

: : hello bill

: : thank you for the reply

: : yes the house went to the lender

: : i spent most of the day trying to track down the REO department - one problem may be that the loan was FHA insured - thus the bank has no real loss -

: : if you have any suggestions on how to proceed further we would be very happy to hear your thoughts

: : thanks so much
: : Lughead

: :
: : : : hello

: : : : we didn't keep track of a house going to sale today - we happened to be at the courthouse at the time of sale and heard that it was going today -

: : : : i asked the auctioneer if he could postpone for us to get money - i took off to the bank and called the trustee from my cell - they said it was up to the auctioneer -

: : : : when we returned he had called the sale because someone else at the Publishing and Posting company had told him to cry the sale and not wait

: : : : is there any way to recover from this mess?? - since the trustee was ok postponing and the auctioneer would have waited had he not been told to cry the sale??

: : : : since there were witnesses there who heard the sale - and the property go 'back to the beneficiary' - -

: : : : any suggestions other than to stay better organized??
: : : : a area which we are constantly trying to refine and improve...

: : : : thank you
: : : : Lughead

: : :
: : : Hey Lug:

: : : Unless I misunderstand your post...nobody bid. So why not go offer the bank the opening bid?
: : : Talk to the same person who was going to postpone it for you and see whathappens.

: : : Good Luck,

: : : ========>bill

: If the home was FHA insured it is now going to go through the HUD program and get sold through goldenfeather. For more info go to http://www.goldenfeather.com



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