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Updated over 6 years ago,
Saving home from sheriffs sale
Looking to save a home from Sherriff’s sale. Home is located in Pennsylvania, and schedule for sheriffs sale the end of June. Mortgage Company wants $60,000 in back payments and late fee’s to prevent sheriffs sale. Current home owner has $30,000 to offer and a qualified buyer who will act as cosigner if possible. My question is what kind of options are available here? Will the mortgage company negotiate that $60,000 if $30,000 is brought to the table? Would refinancing with that $30,000 and a qualified cosigner be an option?