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Can I make partial parments on my house to avoid foreclosure?

My house is currenlty on the market and I have kept up with montly payments, but I don't know how much longer I can do this. What should I do? Can I make partial payments and avoid eviction? How will this affect the foreclosure process? HELP!! I am desperate and want to sell just for the amount of the loan.


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It wouldn't avoid the eviction, just extend the time frame. If the bank took a payment (Or partial) they would have to start the eviction process all over again for the 3 day notice, the 30 day notice, any and all process papers would have to be re-done and the new time frame wouod start. They would have to be nuts to accept any money and start that mess. However they might take the money and not credit you.


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If they accept the "shorted" pmt, it will not change anything. They will assess a late fee on 16th of the month, even if it is only short by a dollar. Once it gets to the beginning of the next month, the loan will be 30 days delinquent; it only changes the amount due to bring it current. Remember, all of this is now computerized, and if the computer has that $500 is due on Jan 1 and someone puts into the system an "applied pmt" of $400, it will reduce the amt owed to $100, but it will not change the due date to the next month until the whole pmt is satisfied. Once it hits 90 days past due (if I remember correctly) it is sent for foreclosure.  Only after it hits the foreclosure process are they restricted from accepting either the whole amount


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