by AJDnDC on April 12th, 2007

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The bank bought back the loan on my house at the foreclosure "auction/sale." I can cure the default plus fees, but the bank sits silent [loss mitigation my ass]. What should I do I? Refinance? [loan=450/mrk.value=700/my equity=250]

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by Buzz on April 12th, 2007
The home goes to public auction and anyone can place a bid. The bank bought it and can charge any price that they want for it. They will have a charge for legal work, listing services, moneys lost on the loan, etc, etc..taxes, any repairs to get through the winter.They will not do you any favors..
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- What if he could offer the bank cash and buy back his house?
  
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  by ricktenn on November 6th, 2008
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by Stupid consumers on November 20th, 2007
Why would you consider refinancing, if you couldn't afford the payments to being with, go rent an apartment.
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by cabreraemi on September 17th, 2010
my house was sold by the bank, how long I have to move out of the house
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The bank bought back the loan on my house at the foreclosure "auction/sale." I can cure the default plus fees, but the bank sits silent [loss mitigation my ass]. What should I do I? Refinance? [loan=450/mrk.value=700/my equity=250]

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The bank bought back the loan on my house at the foreclosure "auction/sale." I can cure the default plus fees, but the bank sits silent [loss mitigation my ass]. What should I do I? Refinance? [loan=450/mrk.value=700/my equity=250]

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