InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] awaiting a decision from loss mitigation..have a question but afraid to ask lender Posted by Robby on October 30, 2001 at 5:17 PM made an offer to lender to do a deed in lieu of forclosure on home. submitted financial packet and was told we would hear in 5 to 7 days. My question I'm afraid to ask the lender is.. If the bank agrees to do a deed in lieu ,as we meet all of their requirements do we have to stay in the home until the process is complete?we're unable to pay the current delinquent payments(4) Thereason being I have found a nice rental in an ok neighborhood and don't want to lose the place for my family. Are there any stipulations on staying in the house until the final process of appraiser, grant deed, estoppel, and so on???Thanks Follow Ups: Re: Moving out shouldn't be any problem with the lender. Ward-CA- 8:44 AM, 10/31/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : made an offer to lender to do a deed in lieu of forclosure on home. submitted financial packet and was told we would hear in 5 to 7 days. : My question I'm afraid to ask the lender is.. : If the bank agrees to do a deed in lieu ,as we meet all of their requirements do we have to stay in the home until the process is complete?we're unable to pay the current delinquent payments(4) Thereason being I have found a nice rental in an ok neighborhood and don't want to lose the place for my family. Are there any stipulations on staying in the house until the final process of appraiser, grant deed, estoppel, and so on???Thanks 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

Copyright © 1997-2001, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455