Saving Huntington Beach Homes from Foreclosure
Waiting until the last minute to stop a foreclosure is definitely not the best way to do it. It adds stress to all parties, but sometimes owners do just that. This is a potential short sale for me, and the owner has been hoping that he could avoid that or foreclosure and have a loan modification.
However, after speaking with the owner and learning that he had been unable to reach his loan modification negotiator regarding the postponement of a sale the following day, I jumped in and learned that this owner’s loan modification had been cancelled 24 hours prior to the foreclosure sale date. When I learned this, it was 4:00 in the afternoon.
I began making phone calls to several different departments of the servicer and then reached out to the investor. I also, Tweeted and received a response from Bank of America’s social media department. Steven Fox was amazing. He listened to my predicament, and explained that there were limited options because there was so little time, but he already had somebody in mind to contact for my client.
Fast forward to 7:15am, I received a call from the BofA requesting additional information as quickly as possible. Though no promises were made, they worked with me understanding the urgency. Finally, working together, we were able to get the foreclosure sale date postpone just two hours before the foreclosure sale.
If you are facing foreclosure, please don’t wait for the last minute. Many times that will just lead to foreclosure. If you have questions about your options and saving your Huntington Beach home from foreclosure, please give me a call at 714-319-9751 to set up a free consultation.
Please see one of my many successful short sale sellers below.