Fort Collins CO – The Stop Foreclosure Institute recently received a question from Dave.
Here was his question. “I would like to short sale my house. However, the foreclosure has already started. I don’t know how soon the bank is going to come and kick me out. Can I still short sale? Or, is it to late? Dave.”
Here is the answer to his Question. Dave, yes you can still short sale your house. It does depend on how far along you are in the foreclosure process.
You have to remember that the foreclosure process can take a long time. We have seen foreclosure court cases drag out for 2-3 years. In one rare case Patsi Campbell, a homeowner in Florida, had a foreclosure drag out for 25 years. However, that is a fluke.