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I have a buyer on my house, I need some time from ASC to let it sell

January 03, 2008

I am the owner and real estate agent and have had the house on the market since July 2007. We moved to another city in August, about 2 1/2 hours away. After several viewings of the home we have received our first offer on 12/22. We were served about a week prior to the offer. We are currently renting in the city that we are in and cannot pay for two residences. I have tried to get ASC to delay the hearing, reduce the legal fees so that we can close and not have to come out of pocket to close. I have a signed contract from the buyers and the closing is scheduled for 1/22/08. ASC has offered a repayment plan on 12/28 of $2800 by 1/3. Which of course we don't have. I have no credit cards and no one to borrow from. At this point it is easier to close on the property then to come up with the repayment plan. Our hearing is scheduled for 1/4/08. I just want ASC to postpone the hearing, bring us current and be paid off on 1/22/08. The buyers are pretty eager to get in the house and had I have received a pre-approval letter from their lender. What can I do?

This entry was:
Posted By Darin at 10:20 AM
Comments (3) | Categories: Americas Servicing Company, Wyoming Foreclosure | Tags: americas servicing company wyoming
 

Comments

I AM DELINQUENT IN MY PAYMENTS TO ASC.---HOWEVER ,I HAVE A BUYER FOR MY PROPERTY AND HAVE NOTIFIED ASC. HOWEVER THEY HVE NOT RESPONDED ----I WANT TO AVOID FORECLOSURE WITH THE SALE ---HOW CAN YOU HELP ME ---JOSEPH A. ALFREDO
Posted By JOSEPH A. ALFREDO on March 08, 2008 at 08:23 AM
My experience with ASC is that they will not work with you in any reasonable way. Postponing so that you can avoid foreclosure is the obvious best scenario even for ASC but they are not savvy enough to see that and will do whatever is easiest at the time. No negotiations regardless of the changes the government is trying to create to alleviate this crisis. It is next to impossible to work with ASC. Personally, I would love to find a lawyer who is brave enough to take on ASC and stick it to them as they have done to so many families.
Posted By Julie Webb on March 25, 2008 at 02:17 AM
I have two buyers for my home and I can't get a price from ASC for a payoff for my home at 118 Seamarge Circle in Pensacola, Florida 32507, my loan #110021429. I have not made a payment in 1 and 1/2 years, and all of a sudden I receive a letter to my home in new orleans that my payment has gone up, but they will not give any price to sell this home and end this mess. This company needs a more hands on approch so there customers can talk to a person and not there phone systems, as it stinks. Please help??????? Mr. Richard T. Carr
Posted By Richard T. Carr on June 17, 2008 at 02:57 AM

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