Fort Collins Short Sale Question: Can I Short Sale If My House Is Already In Foreclosure?

By
Real Estate Agent with The Kittle Team - Coldwell Banker



Fort Collins CO – The Stop Foreclosure Institute recently received a question from Dave.

Here was his question. “I would like to short sale my house. However, the foreclosure has already started. I don’t know how soon the bank is going to come and kick me out. Can I still short sale? Or, is it to late? Dave.”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.


Here is the answer to his Question. Dave, yes you can still short sale your house. It does depend on how far along you are in the foreclosure process.

You have to remember that the foreclosure process can take a long time. We have seen foreclosure court cases drag out for 2-3 years. In one rare case Patsi Campbell, a homeowner in Florida, had a foreclosure drag out for 25 years. However, that is a fluke.

 

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  1. Charles Stallions 09/20/2011 10:24 AM
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Topic:
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Rainmaker
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Charles Stallions
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
Charles Stallions Real Estate Services

I would guess this could be a question on every ones mind but the question could be directed at the bank.

September 19, 2011 09:55 PM
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Rob Kittle

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