Upcoming Foreclosures

can i stop my home from going into a sheriff's sale(because of foreclosure)?

i live w/my boyfriend, and our home is only in his name. we just got a sign taped to our door saying "this property has been levied on by the sheriff of summit county and will be sold at (downtown's court add.). sale date:9/10/10. we had bought our house back in 2003. because of the disease i had gotten in 2006, i started filing for S.S.D., and currently preceding through the very long appeal process (after the 2 previous social security disability denials since becoming permanently disabled-i have a lawyer) which can take up to 2 yrs. after being unable to work for 12 consecutive months. falling behind on our mortgage was the result of my inability to work due to my RSD(Reflex Sympathetic Dystrophy)/CRPS(Complex Regional Pain Syndrome), and the foreclosure later begun. i love our home and am scared, we want to try and save it if possible. now, with the impending sheriff's sale i can't even sleep at night, we have two daughters and a wonderful home and life here. i live in akron,ohio. everywhere you turn in akron seems to be another empty home. today alone, i have spent 3+ hrs. trying to research what we can do to save our home. i'm not sure even with our house not only going through a foreclosure but having a judicial auction will speed up my disability claim to possibly save our dream home. any advice is much appreciated. this is a scary and confusing process and i know time is off the essence.

Public Comments

1. Well three years behind in payments, or have you made any at all. I think if they started foreclosing that long ago, and it isn't sold yet it was not in theyre best interest, you have time to request a loan modification, new laws passed but interest rates are low so people will want to buy, no doubt, especially if you have equity. But your probably living on the equity which can't be too much in that short of time. So if you bank with wells fargo, they are really good about working with you, and if your a vet. theres some loopholes for you too. The only problem is they don't really offer too much ideas, you have to dig. Depending on the price and if it is financable with hud, usually it takes atleast 45 days for paperwork to process unless they have cash. Call the attorneys in charge of the sale and find out don't wait, good luck>
2. You've waited far too long to take action due to your situation. At this stage, your lender isn't going to listen to your story. Your boyfriend should have applied for a loan modification a couple of years ago, to help cope with the situation. At this stage, it is probably too late to reverse the lender's decision to foreclose. Your only option now is to come up with all the past due payments and late charges. While your illnesses are quite unfortunate, lenders cannot be concerned with such. They have a business to run, and don't listen to 'sad tales'. Good Luck.
3. Your disability claim and your mortgage are 2 seperate and unrelated contracts. Even if you started collecting disability your mortgage and the foreclosure would not be effected in the slightest. Even if they were in your name, but as it is you are not even being foreclosed on, your boyfriend is. It is his home, his loan and his responsibilty to pay for. The auction is 3 months away, you need to come up with the cash to bring the mortgage current or sell the house within 3 months.
4. sure, bring the payments up to date. Problem solved. I'm sorry about your problems. But maybe the boyfriend should have stepped up and protect this family by getting a second job.