Thanks for your question and good evening.You can certainly contact the lender here to see if they would make a deal to let you buy the place.The lender decides if they want to make some kind of deal with you.Eventually they likely foreclose and would list the property.They may be agreeable to make a deal if the property has gone through foreclosure.It doesn't hurt to make contact and see what they say.Overall it is probably a long shot but you never know.I can understand your frustration with the lender in this situation.See if they will make you some kind of offer and then decide if that is acceptable to you.The lender has the final say since they have the property here.I appreciate the chance to assist you tonight.I appreciate the chance to do so.Please let me know if you have more follow up.Thanks again and good luck here I hope the lender might talk to you about a sale.
I hope that you will be so kind as to leave a positive rating. If you do have any additional questions about my answer please click the "Continue Conversation Link" so I can provide you with a fully satisfactory answer. Please be aware that any rating of 1 or 2 is reflected as a negative rating and I receive no credit for my answers.This communication does not establish an attorney-client relationship.Information provided here is not legal advice. Rather it is simply general information.
does it normally take over 3 years for the lender to foreclose on a property?
I do have a question. I have been advised that the mortgagewas charged off but each person I have spoken with gives me another person to contact. What exactly is charged off and why would no one with the mortgage company have any answers?
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).