Don’t move out of the property!! – Speak to an attorney!!
If you are going into foreclosure and you live in your primary residence, don’t ever move out of the property! If “someone from the bank” calls you and states that there is a sale date scheduled for “next week” or the “end of the month”, speak to an attorney prior to doing anything. Chances are that these are scare tactics used and we don’t really know why. If you think about it…..if you are living in the property and are taking care of it to some degree, the Property/Asset condition is being sustained and will hold its value better than a property that is vacant, vandalized and deteriorating.