Greg, Overland Park, Kansas
Answer: Well Greg. You're not going to like my answer. Yes, your lender has the right to foreclose on your Overland Park, KS. house and order the Johnson County Sheriff to auction off your house to recover losses.
I would first recommend contacting an attorney to help you. If you do not know of a good attorney. I'll recommend one at the end of my answer. In Kansas, a mortgage lender has strict guidelines on how to foreclose on your house. Next, after the sheriff sale, a Kansas homeowner has at minimum of 90 days to redeem the sale.
Before the sheriff sale, you may also request a short sale from your mortgage lender. If you need guidance on this, feel free to contact the Dowell Taggart Team.
Real Estate Attorney:
Mark D. Molner, Esq.
PRICE LAW GROUP, APC
2210 W. 75th Street
Prairie Village, KS 66208
Toll Free: (800) 884-6000
Direct: (913) 529-1474
Fascimile: (818) 907-2012
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Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty
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