By being the note holder with company A, you control the foreclosure process, and can postpone the sale if that helps company B acquire the property from the estate.Also, if the foreclosure ends up going through, you now are the owner..

I would recommend watching the property and see if the auction gets postponed for some reason.

They were apparently sick of postponing the Trustee's Sale as they had already postponed it quite a few times for the homeowner prior to our involvement.

A past newsletter (Aug 2008) mentioned that they had exceeded their legal budget for that year and were postponing lawsuits against homeowners until the next fiscal year.

I've been involved with a few like that and in a couple of my cases the homeowners filed bankruptcy and that postponed the auction.

I call back the negotiator, left message asking to postpone auction.

Sorry judge but I need an attorney can we postpone so I can get an attorney.

That did not guarantee that they would accept the short sale, just that it would postpone the sheriff's sale.The issue was that the homeowners were still going through a loan modification with Chase.

The process of tracking foreclosures can be daunting as cancellations, postponements and rescheduling is enough to make my head spin.

We are seeing so many delays in the foreclosure process (postponements, cancellations etc) that homeowners who are looking to restart and rebuild are feeling frustrated.