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Updated almost 7 years ago on . Most recent reply

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430
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Steve Hodgdon
  • Investor
  • Novato, CA
322
Votes |
430
Posts

Timeline from foreclosure to possession

Steve Hodgdon
  • Investor
  • Novato, CA
Posted

Working through a foreclosure in Cincinnati OH. Awarded property in November. Borrower determined to stay in home. Mad at the world which now includes me. Wouldn't/couldn't take a 50% forbearance deal. 2 prior bankruptcies. filed CFPB complaint, claimed unlawful court action. On and on. Sorry to whine. Just showing how it can go sometimes.

So, short story longer, we're getting possession on 7/30 unless he's got some other way to delay the sheriff. 

Just putting it out there. How long does it take YOU to recover a property in Ohio? What could I do to make it quicker? Tried DIL, new mod, moving assistance. Borrower was working from moral high ground and wouldn't negotiate. 

  • Steve Hodgdon
  • Most Popular Reply

    User Stats

    284
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    201
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    Linda Hastings
    • Rental Property Investor
    • Stockdale, TX
    201
    Votes |
    284
    Posts
    Linda Hastings
    • Rental Property Investor
    • Stockdale, TX
    Replied

    "Borrower was working from moral high ground and wouldn't negotiate."

    I almost laughed out loud at this part. The moral high ground would be actually making the payments that he agreed to make and signed his name to when he took out the loan. 

  • Linda Hastings
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