I guess calling the mortgage holder makes sense, but I don't think it will get me very far. I should point out that in Virginia, foreclosures are not court-ordered. They are statutory, and as long as the statute is complied with, the courts don't have to be involved. Also, privacy laws prevent the dissemination of information about loans. If there is a sale, it will be public record. All will become known in the fullness of time.
I think it was just a bad idea to tangle with the seller's agent. A lawyer friend told me the guy is bad news, he is a liar, which I found out for myself. He told me the tenant is moving out first week in June, and the tenant told me no way, that the agent told him that he had at least 60 days after the property changed hands. So we would have had to evict him, which, if he appealed it, could have taken months and months.
Also, in the meantime, the property is deteriorating. The leaking bay window should have visqueen tacked over it - it's been raining a lot lately, but the window isn't being fixed.
Another thing that was a red flag was, why are the loans in default if the property being rented? There has been a tenant in there every month over the past year or so that we have been trying to buy the house.
And so on. |
