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Nobody bought the house, what can I do

May 05, 2008

My Mort.called after the sheriff sale in Dec, stating nobody bought the house. They have it listed for sale. On the Dec call, they told me I have to be out 6-21-08.I just received a letter from their attorney, stating the house was sold,and bought by my mort, then will go back to HUD in 60 days and I can apply to rent the house from them. My questions,Is it sold or not? Can HUD help me out? No body at my Mort house returns my phone calls, they're always are a record your message. I'd really like to work something out, with anybody. I can't afford to move, renting another house is not an option. I'd buy another house on land contract, if I could get a willing backer.

This entry was:
Posted By Tom at 03:13 PM
Comments (3) | Categories: Michigan Foreclosure, Countrywide | Tags: michigan countrywide financial

Related Entries

  • This rental property has me upside down... I am dizzy with dealing with it - December 27, 2007
  • Can I save the house after it was sold? - December 13, 2007
  • I want them to take my home so I can move on - December 17, 2007
 

Comments

I am in foreclosure. I received the notice of sale and it was sold to my mortgage company. My question is what happens now? Will I get a 30-day or 60-day notice or will the Sheriff just show up and tell me it was time to go.... (which is what the one Real Estate agent who has left several business cards on my door has told me) But I am assuming I will be given some sort of notice to get out and given a deadline date to be out. I am so confused about this whole foreclosure thing!

Thanks
Posted By Kathy on July 11, 2008 at 04:44 PM
My husband and has two properties with different mortgage lender, the first home is both in our name and the second home is only under his name. I am a white collar worker and my husband ventured in having his own business which is not at all doing well. We are one month behind with the mortgage with Countrywide. I want to know what is the best option for me. We also have a lot of credit card debts. We have made a lot of bad decisions in our lives, this is why we are in this predicament. Today's economy just makes it worst.
Posted By theresa serrano on July 22, 2008 at 11:01 AM
We relocated 2.25 years ago, our house in metro,MI still hasn't sold or leased.We can't keep up 2 house payments&bills any more. We are considering letting the one for sale go into foreclosure or sell to mortgage co. Can they come after our other home? or us? Don't know what to do.Desperate
Posted By pm on July 27, 2008 at 10:26 PM

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