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11-02-2008, 01:03 PM
| | Junior Member | | Join Date: Nov 2008
Posts: 1
| | | How can I stall the Foreclosure on my house?
What is the name of your state (only U.S. law)? I live in Texas. |
11-02-2008, 01:07 PM
| | Senior Member | | Join Date: Aug 2005 Location: St. Odo of Cluny Parish
Posts: 28,187
| | | Q: How can I stall the Foreclosure on my house?
A: I know of only two methods: pay the loan in full OR file bankruptcy. The first permanently forestalls the foreclosure; the second temporarily.
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11-03-2008, 11:55 AM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
Posts: 71,453
| | Quote:
Originally Posted by mpireone  What is the name of your state (only U.S. law)? I live in Texas. | **A: bring in a bonafide offer with all contingencies removed. |
11-03-2008, 01:53 PM
| | Senior Member | | Join Date: Jan 2003
Posts: 17,471
| | Quote:
Originally Posted by HomeGuru **A: bring in a bonafide offer with all contingencies removed. | A lender will NOT cancel or postpone a SS though. If they want to get out of the FC by selling they need to close and payoff prior to the confirmation of SS.
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11-03-2008, 02:54 PM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
Posts: 71,453
| | Quote:
Originally Posted by nextwife A lender will NOT cancel or postpone a SS though. If they want to get out of the FC by selling they need to close and payoff prior to the confirmation of SS. | **A: the OP question is stall a foreclosure not cancel or postpone. |
11-03-2008, 09:14 PM
| | Senior Member | | Join Date: Jan 2003
Posts: 17,471
| | | I don't see where getting an offer with no continquencies would stall a FC, though.
The SS happens on the date scheduled - if the seller pays off prior to confirmation, the SS never confirms, but it doesn't get stalled or delayed.
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11-04-2008, 12:34 PM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
Posts: 71,453
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Originally Posted by nextwife I don't see where getting an offer with no continquencies would stall a FC, though.
The SS happens on the date scheduled - if the seller pays off prior to confirmation, the SS never confirms, but it doesn't get stalled or delayed. | **A: I have done many of these so take my word for it. | |
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