My sisters home is going up for a trustee sale this month. Is there anything that

C

Christine M

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she can do? My sister purchased her first home 2 yrs ago and was told by her lender that her payments would be lowered by almost 1/2 after the first 3 months. Before her 1st payment was even due. This didn't happen and she has not been able to make her payments. Her home is not valued nearly as high as when she purchased it. There is no equity. It is too late for a quick sale. Other than her mortgage payments she has good credit. Is there anything that she can do before it is too late? Also, she has renters living there what are their rights when home is sold? How much time do they have to move? Sorry for the long question. Any advice is appreciated...
 
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