My wife and I bought the house we was renting back in 2007 CW was the orginal loan holder. My wife is the only one on the loan. Wife was laid off in 2008 and we stopped paying on the loan oct of 2008. October of 2009 out of nowhere BOA sent a trial mod with out us asking. I paid on that for 2 months and then the mod came through for the current interest rate that we had and raised the payments $300 so that the loan would still be paid off within the 30 years.
Well i accepted it but still wasnt able to afford it. So my home was suppose to go up for auction October 2010 but 3 days before that BOA froze all foreclosures. Well we was going to file BK7 2 days before sale date, but since they froze everything we waited. So we never heard anything else from them so we filed in May of 2011 and it was discharged in Sept of 2011.
Now we just got a sale date for Feb 1st. My wife is 9 months pregant. So I now need to stall this foreclosure for a month or two so she doesnt get stressed out with moving and all.
We recieved a letter about 2 weeks ago about BOA wants us to come in and speak to a loan specialists about Short sale, Deed in lieu, or Mod. I called yesterday and the lady set us up for Jan 24th and Fedex us HAMP papers.
Any Ideas on stalling this out for a month or two??
We are in VA