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Caliber Home Loans 15 Day Rule

When it comes to beginning a short sale right before a set foreclosure sale date many mortgage servicers have guidelines in regards to the time frame a short sale review must be open before an auction date. Caliber Home Loans 15 day rule is how many days a short sale review must be open before and in res.net before a set sale date. Caliber Home Loans 15 day rule does not consist of the set sale date day and they will state it is a guideline that cannot be bent. We know from experience that this is not the case as well with many other banks such as Wells Fargo and Bank Of America. If you have a strong offer and receptive management contacts depending on the circumstances the sale date can potentially still be postponed. If you are up against a sale date and are being turned away from the bank please fill out the form below for immediate assistance.

 

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