California  |  Real Estate Law

Legal Question

Asked on: 10/04/12, 12:43 am

My brother's home is up for Trustee sale Oct. 9, 2012.

Lender agreed to STOP sale if arrears paid, ASAP. Home has HIGH equity so want to SAVE home. Asked lender for written confirmation of agreement; they said they could not provide.

This was a verbal agreement. What do we do? If he does not pay-the home will be up for sale.

My brother is going to bank to make payment tomorrow AM.

Can lender accept money and NOT stop sale? I am looking up CA Law on this but need legal help, please.

Thank you!

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