I have a real estate issue?
Saturday, 22. May 2010
I bought a home for 169000 cash in full 12/2005.In 4/2007 I got a small equity loan on home for 55000 for a small Business I started.Economy so bad in 08 the Business failed and I’m behind in all bills and equity payments.I contacted a agent to list my home for sale before I get for closed and we went over info and I made a time to see him Monday.
Today I come home and find a piece of paper taped to my door saying my property will be for closed 4/26/09.Two hours later I get mail and 1 is from a lawyer explaining he can help me with filing chapter 13 and saving my home and utility shut offs and also do not contact a real estate agent or deal with any if contacted.The other letter was from a company real estate favors for closure specialist who says do not file chapter 13 or any type bankruptcy that they can help me stop a sheriff ale lower all my bills etc…How these people knew my home was about to be for closed I’m unsure and is weired I get their mail same day I get paper taped to my door.I truly do want to sell home and move but with a sheriff sale that paper said would happen quickly 4/29.I was told a real estate agent can not help stop for closure so I don’t know what to do.If I save the house we will stay jobless no family my son is mentally ill I’m disabled my boyfriend is illegal so he can’t get any type temp jobs.What would you do and you have deadline of loosing your home in 28 days?
Mary P Says:
If you town or city has a housing advisory of some kind, contact them. Also, contact the real estate salesperson again if you know him, or one that a close friend of yours has used, and is happy with. Ignore any of those scam letters, or signs on your door. That is a terrible thing to do to someone who has problems. I wish you luck.
Landlord Says:
You are going to get a lot of mail from a lot of scams. It knowledgeable comes with the territory. People know you are desperate and are going to see if they can get a chunk out of you.
Contact the real estate agent, they can talk to the bank about you selling the property. The bank will usually give you 3 months to find a buyer.
If this agent can not help you, and most have no clue which way is up, call your states real estate board and ask for the top producers in your area. You need a knowledgable and aggressive agent to help you, but it can be done.
Filing the bankrupcy would not save your house, just stall the foreclosure for a month or so, that mail was from a shark.