What Happens RIGHT AFTER Your House Sells at the Trustee Sale
June 27, 2010 by Kristin LaVanway · 3 Comments
It’s been two days since my house sold that the Trustee Sale and a lot has happened. Although the shock hasn’t quite worn off, we are looking ahead to better days. The Buyer has not wasted anytime managing his new asset. Although I can appreciate the efficient way he and his team have handled this “acquisition”, the fact is, until we move out, it is still my family’s home.
I don’t know the best way to handle this awkward situation, but I am pretty sure things could have been handled better in this case. Within two days of the Trustee Sale, there was a For Sale sign posted in my yard and the Buyers whisked through with his team to compile the to-do list of tasks needed to get my…I mean, his…house on the market.
In the end, I have 2 weeks to get out, a generous extension of the initial 5- day eviction notice I was served on the day of the sale.
I can appreciate that for the Buyer, it’s all business. He is just trying to maximize his profit. But for me and my family, it’s a tremendous loss that is leading to a life changing event. We were expecting the sale to happen in July, but the postponement did not happen, and the house was sold. We knew it was coming, but trust me, it doesn’t make it easier. It’s not easy feeling like you are unwelcome in your home, moving your kids away from their friends, realizing that you are no longer a homeowner after 22 years of homeownership. Not too many things are going to soften that blow.
But, we are moving forward…Next week, it’s all about the move. And once we get out of here, I think things will start to get a lot easier.
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I am a Realtor in Gilbert, AZ, working with clients throughout the Phoenix Metro area. I am lucky to love what I do and appreciate the difference I can make in people's lives.
In a previous life, I was a rocket scientist - really! - but decided to step away from corporate America to be a Mom to my four boys. Found it hard to do bake sales, so I ran a small independent programming business instead.
Flash forward...I am now a single mom and I face many, many challenges everyday. I am living through the hardships that many are facing in this economy. These experiences have motivated me to help other people in my shoes.
I have teamed up with Dean Ouellette to form the East Valley Team - the best darn team in the Valley. Check out our site at http://www.EastValleyTeam.com. I spend way too much time on YouTube - check ou tmy channel at http://www.youtube.com/klavanway
Kristin:
What happened. I took your advice and found a place to rent before they threw me out. I am only in month 3 of not paying my mortgage, nowhere near “the get out of our house” stage. I hope you guys find a roof soon. I moved just 3 blocks away from where I live now for 1/2 the price. I live in the Marley Park Subdivision here in Surprise. July 1, we get the keys to the new place and by July 15th, we will be fully out of our home. I will then call the bank to have them secure the home and also let them know that I will be turning off all the utilities.
Just remember, it’s only a house and there will be other houses to live in in your life. The most important thing is that the family is together.
You are absolutely right about that Marty…my kids are awesome and we have all pulled together to get through this…where ever we end up will be home to us, that’s for sure.
Hi there I just want to swing in and say cheers for the data on this page. I mysteriously ran into your website while searching health related stuff in Yahoo… guess I got sort of sidetracked! Anyways, thanks again and I will try to swing in down the road and read some of your future insights. Cheers!