Sheriff sale

[rafff]

Hi everyone, great site
I have a question, maybe a dumb one, I had a sheriff sale completed on my house in May, no one bid so citi purchased it back, my mortgage co.
Now is that considered foreclosure?
I am in my redemption period of 6 months, house has been listed for 6 months, going for short sale but doesnt look good.
Now is the house legally citi's or mine? I havent heard a word from them.
Cash for keys still option?
thanks

[Garry]

Why leave? I'd be making the house look as scary as possible for the drive-bye investors. Maybe even some Protected By Smith & Wesson stickers in all the windows.

[fastclr]

The house is still your physical pocession and resposibility. They now own the paper, document. deed. You have 6 months to redeem and pay the total amount balance of the loan.

I still negotiated a Citi to pay all past due payment and fees and undo the sheriffs sale and had the judge sign a concellation of the foreclosure and sale. They still messed this up. Check out my thread Settlement request for Citimortgage.

Cash for keys may be an option if they want physical pocession sooner. It may be not worth the time required to comunicate with citi to gain some cash.

[caldwellb02]

Wow. I continue to find new craziness through this forum. I had no idea such a thing could happen, rafff. I don't know what to say. Hopefully fastclr and others like him/her can help. Good luck.