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is it ever too late to stop foreclosure

we really don't want to lose our home and at first had this defeated attitude now we are realizing we have more options than we thought. is it too late to act on them? the foreclosure process started in april or may and we live in ohio if that helps. we went to court about a month and a half ago or so with the option of reinstating our loan but we haven't turned the proper paper work in yet. what would be some good steps to take from this point to save our home? thanks.

Public Comments

1. You have a better chance now more than before. Contact the lender to ask what you need to do now to stop the proceedings and have the paperwork prepared before you call so that you can fax it immediately if necessary. Research the bill that congress just passed to see whether any of the provisions apply to your situation. Good Luck
2. Up until the foreclosure sale occurs there is still hope. If a sale date for your house has been set you need to act fast. You're best option is to take action immediately to stop foreclosure before it goes too far. Talk to your lender see if you can negotiate a work out agreement yourself. You can also consult these people they will help you in avoiding foreclosure. They offer Free consultation and have helped many save their homes.
3. It's only too late when your redemption period expires. However, the closer that deadline is, the less likely you are to get good results. You're in a fairly long timeline state, so that is good. However, getting these situations reversed is a LOT trickier than if you'd been able to do something before the court date. Based on what borrowers are telling me, most homeowners who call during this time frame are being told that they need to pay off the loan in order to keep the home. Depending on the type of loan you have, this may or may not be true. The fact is, most servicers are doing everything they can to AVOID doing a lot of work... and files with your circumstances require much more work than a loan that's 30-60 days late. There are two keys here: 1- Putting together a package that looks GREAT. [Just "turning in the paperwork" is not enough to get the best results. See the case study below to see what I mean.] And... 2- Getting that package in front of the right person If you send it through the normal channels, it's likely to get ignored because of all the factors at play here. We've successfully reversed sales and while I haven't posted a case study of one yet, you can go here to get an idea of the kind of results we get: http://stopforeclosuretactics.com/case_study/index.html If you'd like to get in touch, click on my contact name and send me an e-mail. Good luck.