patorak opened this issue on Apr 14, 2009 · 37 posts
Acadia posted Sat, 18 April 2009 at 1:55 PM
Quote - So that's means....? Reinstated? What? You got put on hold for a while? I don't understand.
It means that he was able to reinstate the mortgage by paying off what he owed, plus fees and costs. So now he no longer is in foreclosure and he once again is in good standing with his mortgage payments.
Here is some information on the process.
http://www.savemefromforeclosure.com/reinstateloantostopforeclosure.php
I assume that since he has mentioned that he now has a good deal of work to do, the he was able to barter for the funds with his church parish and family.
"It is good to see ourselves as
others see us. Try as we may, we are never
able to know ourselves fully as we
are, especially the evil side of us.
This we can do only if we are not
angry with our critics but will take in good
heart whatever they might have to
say." - Ghandi