Georgia Residence in Foreclosure; scheduled for public sale tomorrow at 10 - Aug.4th.Over the last two weeks I have been working with a servicer's representative on a Forebearance (Repayment Plan) On Friday afternoon, I last spoke with the service representative assigned to my loan and had noted that I was concerned about not being able to fully fund the repayment agreement on that day (Fri July 31st) and would need until 08/04. He said that he would have to get approval from his manager -on 08/04 and for me to call in the am. I call this morning and was told he is not in the office today---contrary to his Friday assurance he would be there to finish this deal I called the Foreclosure attorney who informs me that the loan was re-instated July 25th ! Shock. I checked the Forecl att website my property was not listed for sale. Can the property be "de-re-instated" and put back for sale now? what should I do if anything? I will speak with the Forec att later for any updates
Optional Information: State/Country of Question: Georgia Already Tried: spoken to foreclosure attorney ..not fully satisfied with his level of assuredness
You're right to be skeptical about this. My suggestion is that you request a copy of the re-instatement paperwork from the lender and also ask for a letter confirming that the property is not being auctioned tomorrow. If you can't or don't get any of this in time, you should be present at the time and date of the scheduled sale in order to object/dispute the sale with the information that you've been given - that the sale was off. This is really the only way that you can be sure they don't go forward with the sale without your knowledge.
Experience: Litigation Attorney practicing in multiple State and Federal Courts, Arbitrations and Mediations