Ok, so here's my sticky situation. My friend is trying to sell her house thru a short sale, well I didn't qualify for a loan d/t my bankruptcy not being discharged for 3 yrs (will be come 3/09). Well so my friend was going to let me move into the house, make the payments and then sell it to me in a year or so. Well, come to find out that she is about 4-5months behind on the payments of the house and she contacted them and her company tells her that if she gives them $1500 by the 19th of this month (september) and then make double payments until the house is caught up then she will be fine. If she does NOT give them $1500 the house will then start the foreclosure process. My BIG question is, how long does it take for the foreclosure to go public (the chance for someone else to grab up on the house??) I considered pressing my luck and stay where I'm at for now and re-apply w/ the mortgage company in march when my bankruptcy is gone and just crossing my fingers that the house will still be there. I need help!! I am soooo foreign to this stuff. Thank you
