Foreclosure sale in 10 days.
Indymac FSB said a complete SS package within 5 days will hault the sale.
Home owned by a relative, but I’m an authorized person the bank can speak to about the loan. I have also made direct mortgage payments.
Am I eligible to be the buyer?
Has anyone worked with Indymac on a SS? Do they just review the package?
Do they care about credit worthiness at this point or once they approve the SS, then it is up to the buyer to have or put financing in place.
Can a non-profit LLC buy home through a SS?
If the SS is not approved, could the owner then ask for a modification or repayment plan? Every heard of this?