Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on .

User Stats

1
Posts
0
Votes
Dwight Maxwell
  • Fort Lauderdale, FL
0
Votes |
1
Posts

Foreclosure Sale Reversal

Dwight Maxwell
  • Fort Lauderdale, FL
Posted

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.