How Do You Find Out If Your House Shall Be Foreclosed On?
Hi, that is Kerri from the Bay Area Short Sale Angels. We’re northern California’s number one short sale team. So how do we find out if your home is going to be foreclosed on? Well in the event you’re the owner, hopefully your bank sent you something in the mail. So for those of you who’ve stopped reading your mail as a result of it’s too depressing, you might need to go back through it and see for those who’ve obtained one thing referred to as a notice of default. From the time of the notice of default, you usually have 90 days till the home is foreclosed on. For those who’re a tenant, it is public record so you can go down to the county and find out, or you’ll find a real estate agent that you know and trust and hopefully they’ve a subscription to a website known as foreclosureradar.com. You can truly get a subscription yourself. ForeclosureRadar takes all their data from public records and they will be able to tell you exactly when the trustee sale date is on the property that you either own or are renting.
The way in which we discover out as soon as we’re in the course of a short sale transaction is we really ask these questions from the very beginning or the first time we speak to the financial institution in your behalf. We ask if there is a trustee sale date or if a notice of default has been sent. This way we all know exactly where we are and what sort of time constraints we might be under and if something needs to be expedited.
So, that’s how you find out when the foreclosure date or trustee sale date is. I’m positive there are many other ways, however these are the ways in which we use and ways that you need to use as well. Again, this is Kerri Naslund from the Bay Area Short Sale Angels, northern California’s number one short sale team. We believe there is nothing worse than doing nothing. Please contact us at present and we can answer any questions you might have.
For more information on short sales and how to avoid foreclosure, visit the Bay Area Short Sale Angels blog or you can also contact the Kerri Naslund team and get started today.
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