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How are you? I found out that my house was about to go in…

Customer Question
How are you? I...

How are you? I found out that my house was about to go in foreclosure but I found a buyer that has all the money to buy house from me and the judge has not signed off on foreclosure so I wanted to avoid foreclosure. What do I do?

Lawyer's Assistant: What's the status of any foreclosure proceedings?

No status as of now

Lawyer's Assistant: Where is the property located?

In bowie md. Do you need address

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

No that's all

Submitted: 11 months ago.Category: Real Estate Law
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Answered in 5 minutes by:
8/1/2017
Real Estate Lawyer: Ray, Lawyer replied 11 months ago
Ray
Ray, Lawyer
Category: Real Estate Law
Satisfied Customers: 48,125
Experience: Texas Attorney for 30 years dealing in real estate
Verified

Hi and welcome to JA. Ray here to help you today.Please bear with me a few moments while I review your question, conduct and prepare your response.

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Real Estate Lawyer: Ray, Lawyer replied 11 months ago

The buyer here will need to pay off the loan , you may contact the lender lawyer on the foreclosure and ask for a payout.You can do a quick sale here through title company and close quickly.It is possible to pull this off but you have to act quickly.The lawyer can give you a pay off there are some late fees, legal fees, and the loan balance to add up.

Call the lawyer on the foreclosure, you can get this from the court.See if you can get the lawyer and the buyer on the line in a three way call to resolve it.

I appreciate the chance to help you tonight and wish you the best.

If you can positive rate 5 stars it is much appreciated.

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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).

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