Auction date set

[elle37]

Do we need to be out of our house before the Auction date? I assume we could have an additional 30 days while the buyer gets financing.

This is one of the most horrible things I have ever experienced in my life.

Thanks in advance,
Elle

[Moe Bedard]

Elle,


Welcome to the forum and thank you for joining................

If you are talking about your foreclosure sale date..............a good majority of the time the property reverts back to the investor holding the note............if it happens to be and investor or person other than the one holding the note that has the winning bid........most of the time they already have financing in place and or pay cash.

What state are you in?

[elle37]

I am in New Hampshire.

So, should we plan to be out on the Auction date?

Thanks,
Elle

[Moe Bedard]

It might be a good idea to do that if you are already resolve to letting the property go.............it appears that in N.H. in most circumstances there is not a redemption right.

[elle37]

I called First Franklin to check on my loan modification and they said the loan was being sold to Select Portfolio Services, Inc. as of 10/1. I have an Auction date set for October 7th.

The guy on the phone said there was not date set for sale in their system. I can't call SPS until 10/1. So, what am I suppose to do??? I have been working on this since June 24th. First Franklin "lost" our packet three times.

I just want to keep my home.

Any advice or support?

Elle

[Moe Bedard]

There should be an attorney's number on the letter with the foreclosure sale date.................call them and check and see if the sale is scheduled........and also call your county trustees office and ask them if there is a sale scheduled for your property.................

https://www.spservicing.com/

You will have to wait until your loan is transferred in order to start the modification with SPS.............

[elle37]

Many thanks for your help!

[Lori56]

Originally Posted by elle37

Do we need to be out of our house before the Auction date? I assume we could have an additional 30 days while the buyer gets financing.

This is one of the most horrible things I have ever experienced in my life.

Thanks in advance,
Elle

Believe me, you are not alone. I agree, this is the most horrible thing to experience. Unlike a death in the family, it drags on and on and on. Especially if you have a second mortgage along with a short sale, the 2nd makes your life literally miserable. Just remember, there are millions out there experiencing the same thing. I pray every night for strength.