I have received calls from people saying they bought my house... is this true?
Foreclose is a very tricky situation to be in… sometimes we have heard of clients that have been foreclosed without their knowledge. This can't legally happen in a lot of states and is the main reason the homeowner must stay on top of the legal proceedings. If you are getting calls from someone that says they have bought your home at a foreclosure auction then you need to act quickly and find out with your local county courthouse if the sale has actually taken place. Foreclosure is public record and is easy to find out what has happened in each case. The Forecolsure Laws in each State are very strict and must be adhered to by the mortgage company.
”I I have someone who is telling me that they have already bought my home for foreclosure, however, I have been working with someone at my mortgage company to do a work out. They have been telling me that we were working things out. However, the person who told me that they have bought it, says that I have been talking with his "buddies" and they have been leading me on until such time that they can foreclose without problems. ”
The mortgage company should also know the sale has taken place. I have never heard of a national mortgage company leading someone on so they can sell the house and from under them. They don't make money by foreclosing on people and will only do so if it is the last option for them.
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