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Foreclosure help

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pmoore



Joined: 09 Jan 2007
Posts: 2

PostPosted: Tue Jan 09, 2007 11:43 am    Post subject: Foreclosure helpReply with quote
Have had foreclosure sale on house in Colorado. Value of approx. $100,000. Sold at sale for $60,200. Middle score is 513. Redemption period ends 2/2607. Is there help for refinance?
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Thu Jan 11, 2007 2:09 am    Post subject: Reply with quote
You do not have enough equity for any foreclosure loans which we know about. If I were you I would work out mortgage forbearance with your current mortgage holder. That is your best shot to save your home from foreclosure.
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pmoore



Joined: 09 Jan 2007
Posts: 2

PostPosted: Thu Jan 11, 2007 7:18 am    Post subject: Foreclosure helpReply with quote
The problem is - as was stated in the message - the house has already sold at foreclosure sale. There is no way that an arrangement can be made with the lender.
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Tue Jan 16, 2007 2:16 am    Post subject: Reply with quote
We do not know of any mortgage solutions for you?
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Tue Jan 16, 2007 2:16 am    Post subject: Reply with quote
We do not know of any mortgage solutions for you?
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