Foreclosure - The Last Resort

Friv asked:


I am a new real estate agent and I want to find out how to hook up with lenders such as wamu or countrywide to get the foreclosure properties listed. Any help will be appreciated. Thank you!

Chloe

buad0118 asked:


I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes?

Kimberly

wes asked:


My house is in foreclosure, with a sale date pending. The lender (Countrywide) mistakenly cancelled my repayment plan. We are trying to clear the mess up, but in the meantime the sale date is looming. Is there any way to make them postpone the sale date? Is there something I can file with the court?

Alexandra