How long can I stay in my home after foreclosure - Loan Modification Forum

Kntrybear · 07-07-2009, 08:55 AM

My house is set to go on the auction block on July 16th does anyone know if the house is sold how long do I have to get out of the house

Thanks

Enough Already · 07-13-2009, 04:38 PM

I believe you have a couple of weeks, but you should call your lender to be sure.

Moe Bedard · 07-13-2009, 08:35 PM

How long can I stay in my home after foreclosure?

It could take from 72 hours- 2 weeks after th trustee sale. I have seen all the above and longer. The homeowners that stayed the longest, called their lenders foreclosure attorney and obtained an extension to stay in the home till they located a suitable rental.

I would call the lenders attorney and request that you be allowed to stay in the home for 2-4 weeks. I have also seen cash for keys. From $1,000-$5,000 to vacate fast.

Marshall Rosenbach Esq. · 07-15-2009, 12:27 PM

Yes, definitely call the lawyer and explain your need to stay longer...that you are still finding a place to move to, that you won't be able to get everything into storage in sufficient time, etc. They should be willing to accommodate you. And once you get the extension, you should confirm it in writing to the bank's lawyer so there is no dispute later on. And as Mo suggests, see if they will offer you cash for keys!

07-07-2009, 08:55 AM	#1 (permalink)
Kntrybear Junior Member Join Date: Jul 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	How long can I stay in my home after foreclosure My house is set to go on the auction block on July 16th does anyone know if the house is sold how long do I have to get out of the house Thanks

07-13-2009, 04:38 PM	#2 (permalink)
Enough Already Senior Member Join Date: Jan 2009 Posts: 438 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Public Auction of my House I believe you have a couple of weeks, but you should call your lender to be sure.

07-13-2009, 08:35 PM	#3 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Public Auction of my House How long can I stay in my home after foreclosure? It could take from 72 hours- 2 weeks after th trustee sale. I have seen all the above and longer. The homeowners that stayed the longest, called their lenders foreclosure attorney and obtained an extension to stay in the home till they located a suitable rental. I would call the lenders attorney and request that you be allowed to stay in the home for 2-4 weeks. I have also seen cash for keys. From $1,000-$5,000 to vacate fast. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

07-15-2009, 12:27 PM	#4 (permalink)
Marshall Rosenbach Esq. Real Estate & Mortgage Law Attorney Join Date: Jan 2008 Posts: 88 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: How long can I stay in my home after foreclosure Yes, definitely call the lawyer and explain your need to stay longer...that you are still finding a place to move to, that you won't be able to get everything into storage in sufficient time, etc. They should be willing to accommodate you. And once you get the extension, you should confirm it in writing to the bank's lawyer so there is no dispute later on. And as Mo suggests, see if they will offer you cash for keys! __________________ Law Offices of Marshall E. Rosenbach Please call me anytime at (561) 627-8990 www.FloridaLoanLaw.com The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Licensed to practice law in the states of California & Florida.

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