How do I get the loan payoff on a "pre" foreclosed home

[Gina Musachia]

This may be silly but I am new to all of this. How do I get the loan payoff information on a home that is scheduled to be foreclosed on?

[Mitch Messer]

Hi @Gina Musachia Not silly at all; none of us were born knowing this stuff!

Normally, the bank would provide the payoff, but once foreclosure proceedings have begun, they usually won't talk to the borrower or their assigns. Sometimes the bank's loss mitigation department will listen and place the order. 

Otherwise, the foreclosure attorney should be contacted and informed of your intentions and they should be instructed to order the payoff. We typically send a one-page memo formally documenting our request.