There is a sale date. Here is what still works.
A scheduled sale date is not the same as a completed sale, and the options available to you change depending on how many days are left. This is the most time-sensitive situation on this site, so start with the date itself.
What you might be thinking
- Is it already too late to do anything?
- Can the sale be postponed?
- What happens to me and my family on that day?
All three come up on almost every call. None of them is a silly question.
What actually matters here
Find out whether the date is firm
Sales get postponed routinely, for a signed purchase contract, for a complete loss mitigation application, for a bankruptcy filing, or simply at the lender's discretion. Ask the trustee directly whether the sale is still going forward.
The 37 day federal rule
If your servicer receives a complete loss mitigation application more than 37 days before the sale, federal rules restrict it from proceeding while the application is under review. The word that matters is complete.
Know what your state does after the sale
In Wyoming you get three months to redeem and you keep possession during it, in North Dakota sixty days, and in South Dakota up to a year. In Utah, Idaho and Montana a completed sale is generally final. Same situation, very different amount of runway.