Home > Research Legal Advice > Foreclosure > My house was foreclosed (CA) while in the middle of transaction, do I n...
Asked 4 months ago - Santa Clara, CA
FlagHouse was foreclosed in 2011 during loan modification process on two loans 1st and 2nd. Second loan was approved for trial modifications and started paying, while the 1st is still in process. Bank sends trustee date while in process. Bank offers short sale option, they approved short sale. House was placed in the market, got offers, appraised and ready to closed in 7 days. The auction date was not extended to close the deal and it gone into foreclosure while in the middle of closing the transaction. Do I need a lawyer and what if I can't afford a lawyer?
You should contact a foreclosure defense attorney that is experienced in handling post-foreclosure type cases. Most attorneys will offer a free initial consultation and can discuss various fee options with you to accommodate your financial situation. However, you should not delay because there are time limits to filing a claim.
You need a lawyer if you want to try to do anything about it. If you cannot afford one you are probably out of luck as these are complex actions against well heeled defendants and no reasonable lawer would do one pro bono or on a contingency
This is an area that I have seen often. The facts need much further explication before anyone could opine on your case and all docuemnts would have to be carefully reviewed
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