Loan modification after sheriff sale... NO!

I recently got an email from someone who had recieved a loan modification from Chase Mortgage. She was so excited! It was a payment that would work for her... she quickly signed the papers and sent off $1500 to get everything started. Only one problem... her sheriff sale had taken place two months prior.

She called Chase to check on the new payment and was told, we won't do a modification after sheriff sale.

I am not sure that this was an intentional blunder on Chase's part; however, they had sent her the modification documents on two different occasions.

My advice to her was to contact an attorney and at the very least get her $1500 back. My advice to you... be very wary of offers to modify after sheriff sale (in Minnesota). Every bank I work with (I think I have covered 99% of them now) is unwilling to modify after sheriff sale.

Email me if you have questions or would like FREE modification help!