Working with LoanDepot on a Pre-Foreclosure

[Jon Robinson]

Has anyone ever worked with LoanDepot to get a loan reinstated on a pre-fore property? I am looking at a deal right now and it seems as though they have about $25k in arrears/fees, this is just an assumption according to the original loan amount and the current unpaid balance that was recorded with the notice of trustee sale. Any advice would be greatly appreciated. Thank you.

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Quote from @Jon Robinson:

Has anyone ever worked with LoanDepot to get a loan reinstated on a pre-fore property? I am looking at a deal right now and it seems as though they have about $25k in arrears/fees, this is just an assumption according to the original loan amount and the current unpaid balance that was recorded with the notice of trustee sale. Any advice would be greatly appreciated. Thank you.

You have to have the seller contact their lender for a "reinstatement amount" for a given date.