Bank changing locks

By
Real Estate Sales Representative with HomeSmart Fine Homes and Land

Why is it legal for a bank to change locks on a home that is in the Short Sale process?
The owner has vacated the home.  A date of 1/28/11 has been established for the property to go into foreclosure. My feeling is that technically the seller is still the rightful owner.  How can the bank legally lock them out?

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Rainer
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Susie Johannes
SFR
Keller Williams Arizona Living Realty

I believe that the seller has to continue to live on the premises, otherwise it is considered abandoned. I am going through a similar situation right now. Every time there is contact with the bank they ask if the seller is still living there. I think that is it.

November 17, 2010 06:36 PM
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Rainmaker
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Charlie & Kathy Musarra & Renken

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