I have been working with a client who has been working on getting a loan mod, (which they are now coming to grips on will not happen and will now short sale). They have an FHA loan that is with BofA. They have not received an NOD or NOT from BofA but they have definatly not been making their payments for quite some time and technically should have had all of that filed. They have now received a Notice of Trustee Sale from their HOA company for deliquent dues. I have been trying to get in touch with the Attorney handling the Trustee Sale and he will not return any of my calls.
Any advice on how to handle this? I have never had an HOA Company file a NOT before.
Thanks :-)
Tags:
Amen to Harry's answer - If they are not making their mortgage I always advise them to at least keep the HOA fees current, some lenders don't even pay delinquent fees, is this a Super Lien state? If so they are in even worse trouble....
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.