I wanted to know if anyone has any experience with Deutsche bank and postponing a sale date that's 2 months away? Not sure if I can get an offer to bank in time but has anyone had any experience with them postponing the sale date? Sale date was set in February and client has only approached me now. Is it too little too late? Thanks.
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You still have time, ask them about their guidelines in regards to postponing a foreclosure sale date and who the investor on the loan is. Also, what state are you located in?
Brett@ishortsalenow.com
310-564-6389
www.ishortsalenow.com
Usually they won't entertain a postponement until after you have submitted a full short sale package with a contract that appears reasonable to them. They would have No reason to delay the auction date now. Get the seller to complete the package and when you get a reasonable contract, move on it.
Thanks Wayne, appreciate the info. I was able to contact a person in the Loss Mitigation department and they cannot even locate the loan, even though they filed the Final Judgement of Foreclosure in February. They're looking into this. Thanks again.