former homeowner

Submitted by tallen6731 from CA - 10/23/2008 - 9:20am

I lost my home through forclosure. Auction was on 08/26/2008 and property transferred to the lender on 09/03/2008. How long does it take the lender to evict?

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Comments

Submitted by Sean - 10/27/2008 - 9:22am

You really do not want to force them to evict. It will further hurt your credit, impair your ability to rent a new home, and the judge will award the bank a judgement against you for rent for the entire time you are there.
Get ready to move, and negotiate "cash-for-keys" with the banks broker when they knock on your door. Offer to work with them and leave the place clean, in exchange for a check. Shoot for at least $2k, though more is sometimes possible.

Submitted by N - 09/25/2009 - 6:25am

We're about to go to sale on a forclosure on 10/8th, we plan to give up the property peacefully, however, the home we're moving to won't be availible until 10/21. How much time will we have to vacate the property?
In CA.

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