Legal Question in Real Estate Law in New York
Selling A House In Foreclosure
Hello, I received foreclosure papers on my home, and decided to list my house on the market. I also have obtained an attorney, who has deferred the foreclosure, but my question is: can my attorney ask for final payoff amounts for the first and second mortage holders prior to a contractual bid for purchase placed on my house? I feel this is important information I need to know prior to accepting any bids on the house. I would appreciate any advice on this matter. I thank you in advance.
Sincerley,
Mary Jane Legault
Asked on 10/26/05, 6:39 pm
1 Answer from Attorneys
Robert R. Groezinger
GroezingerLaw P.C.
Re: Selling A House In Foreclosure
1- You have an attorney that you are paying. Why not ask that person?
2. Yes, but the numbers might be meaningless at this point.
Good Luck
Answered on 10/26/05, 6:43 pm