This is a great forum, I am so happy I was able to find it.
I submitted the paperwork for my first short sale offer a week ago, I had not received any response from the bank yet, I was told to contact them the middle of this week for an update. But, just this weekend (7/14) I happened to check the county records, just in an idle moment, to my surprise a final judgement of foreclosure had been granted on 7/13.
Is my deal totally dead in the water?
Hope I can get some input from those with experience.
Thanks for the help,
Yes I do have authorization to contact the bank regarding the account.
I finally got a call back from the bank today, thought I would wait till I heard from them before posting an update.
There is still time for the opportunity of a short sale
The foreclosure sale is set for 7/27, and they claim that my offer is being considered.
There is still hope, so I’ll see where this goes, it was just a surprise the see the final judgement of foreclosure before hearing from them, well, I am also aware that sometimes banks do not respond any at all to offers submitted.
I think the final judgement of foreclosure is just legal speak that means the lender now has the legal green light to sell your home. The lender will not stop foreclosure proceedings just because they have an offer on the table now. They have been working this foreclosure for months.
I hope your offer is in their ballpark so that they will at least postpone the auction to give you more time to get things together and make sure your offer will truely work for you.