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Updated about 4 years ago,

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7
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Edward Kim
Pro Member
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7
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How to stop my house from being sold in a foreclosure auction?

Edward Kim
Pro Member
Posted

My parents' house in California is currently far into the foreclosure process (via 2nd lien holder), and we have a lot of equity from the 1st mortgage. Due to many complications, we fell into default with the 2nd lien holder and owe 170k and are facing foreclosure, set to be sold in auction soon. Is there any advice on how we can remain in our home and keep the house through creative deals with investors? The key is that we maintain title so that we can eventually pay off the loan. So would this be working with note investors who buy our debt?

  • Edward Kim