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Updated about 11 years ago,
Foreclosure Sale Reversal
How many of you know that it is possible to have a foreclosure sale reversed even after the borrower has left the property? It is possible. Using legal methods and investment strategies unique tactics have been developed to unwind auction sales and even place the borrower in a "better" position than if the sale were postponed. Fore example, oftentimes the amount owed is less after the reversal than before the sale.
To be clear, people should exhaust all possible resources to save their home prior to a sale. However, if all attempts for saving the property fail, I want people to know that hope still exists. Even if the property was sold over 1 year ago!
If it is a REO property OR if there has only been one 3rd party transaction, a sale reversal is possible.
Just wanted people to be aware of this... I have been helping people save their homes since 2007, and now I am glad to know that even if all else fails there is still hope after the sale...
Note: Sale reversal means getting the borrowers name back on title and having possession of property.