postponement foreclosure sale in CA-Countrywide - Posted by Rob

Posted by Denise on March 24, 2006 at 11:56:48:

What area are you guys in I’m in Riverside County ?

postponement foreclosure sale in CA-Countrywide - Posted by Rob

Posted by Rob on March 23, 2006 at 18:19:35:

FYI. I recently purchased a home in CA that was in foreclosure. I got in contract a week before the scheduled sale. Countrywide will only consider a postponement if you can provide them with the following documents:

1)purchase agreement w/ no conditions
2)lender approval (underwriting)
3)escrow instructions
4)seller’s closing statement

With this in hand on the eve of the sale, I was granted an extentsion of about 2 weeks. That was more time than I needed to close, however. Countrywide would have extended it upto 1 month.

postponement foreclosure sale in CA-Countrywide - Posted by Luke Hopel

Posted by Luke Hopel on March 24, 2006 at 09:40:37:

That’s awesome! I live in Cali and am on the verge of starting a pre-foreclosure biz. Very useful info.
Thanks,
Luke

Re: postponement foreclosure sale - Posted by Joe

Posted by Joe on March 23, 2006 at 18:36:45:

Nice job. What were the numbers on this one? And where was it located in Cal?