Is It Too Late to Postpone an Auction?

If your home is being put up for auction, it is best to be sure you are in communication with the bank about the date that it will occur. For example, if you try and wait until the day before the auction to put your home on the market in hopes that the lender will postpone the auction, you will probably be out of luck. In this scenario, the bank will most likely refuse to postpone the auction. If there is no offer on the table, the bank will most likely seize your house regardless of your efforts. Being upfront with your intentions is the best route to take for a smooth selling process. Read the full article here: http://homebuying.about.com/b/2013/05/31/is-it-too-late-to-postpone-an-auction.htm