Real Property » Foreclosure Legal Questions and Answers
What are my options when the home I am renting was foreclosed on without my knowledge?
I am 5 months into my 2 year lease. I have recently found out that the owner of the home was not paying the mortgage and his home went into foreclosure and was recently sold. I have been asked to move out within 60 days. So in other words this owner was taking my monthly rent of $2000.00 and not paying it to his lender. I feel very deceived! Not only do I NOT have any monies to...
01/07/2009 | Category: Real Property » Foreclosure | State: California | #14941If a foreclosure was sold for less than owed, who is responsible for the difference?
My son's house went into foreclosure and was a trustee sale, it was sold for 50% less than they paid -does this mean they are no longer responsible for any monies owing on this house. We are told in California once it is sold by trustee sale all monies owed on this property is wiped clear and final, they do have a document that says in part 'is to terminate any oral or writte...
12/11/2008 | Category: Real Property » Foreclosure | State: California | #14790If my home is foreclosed on in Florida will I face a deficiency judgment?
Our residency is in Wisconsin. We are contemplating foreclosure on our second home in Florida. We understand that Florida Law allows for deficiency judgments, and that judgment can be filed after foreclosure. It is conceivable that the foreclosure sale price will be less than the the amount owed the bank. Our question are: 1. Would we be liable for the difference between th...
11/23/2007 | Category: Real Property » Foreclosure | State: Florida | #12740How long do I have to get out of my home that was foreclosed on?
I hired a foreclosure specialist to help me get out of this and sell the home before it was foreclosed. He did not do this and it was auctioned off without my knowledge. Now he will not talk to me and says there was nothing he could do. I wasted my time with him. How long do I have to get out now that it has been foreclosed on? He says the bank has to file a creed? I don't kno...
11/21/2007 | Category: Real Property » Foreclosure | State: New York | #12656What legal forms are needed to respond to civil action foreclosure?
I need to know what legal forms are needed to respond to civil Action Foreclosure. I would like to reestablish my note.
09/28/2007 | Category: Real Property » Foreclosure | State: Florida | #9243Can I collect my down payment from the bank since they sold my home as a foreclosure with a profit?
In 2000, I defaulted on my home loan and went into foreclosure. The bank sold the house and obtained a big profit. (When I bought the house, I had made a downpayment of 40%). Can I still go after the surplus funds and/or my down payment 7 years later?
09/18/2007 | Category: Real Property » Foreclosure | State: California | #8850If I have a rental home that is going into foreclosure, can the bank go after my personal residence, my IRA, or my social sec...
If I have a rental home that is going into foreclosure, can the bank go after my personal residence, my IRA, or my social security check?
09/18/2007 | Category: Real Property » Foreclosure | State: Florida | #8842What would happen if my son was unable to pay his house payment?
My mother transferred a property over to me for one dollar; no sales agreement, no title insurance. There was and still is a lien on the home from when my mother signed for my son to refinance his home and needed a cosigner. How does this affect me now that I own this property? What would happen if my son was unable to pay his house payment?
08/17/2007 | Category: Real Property » Foreclosure | State: Pennsylvania | #8009Have I lost my home or do I have rights?
I was under a repayment plan contract with my mortgage company to pay a past due balance and current payment, the contract was signed, dated and fax on 1/29/07, it was also faxed on 1/30/07 along with the payment receipts for the downpayment of the contract. No payment was asked of for feb and the next payment was requested march 15 07, the mortgage company closed out our loan...
05/25/2007 | Category: Real Property » Foreclosure | State: Michigan | #5945What are the legal procedures to regain property back from foreclosure?
What are the legal procedures to regain property back from foreclosure? I have good credit from prior years and due to a death and illness I fell behind in 2006. I made attempts to catch up paymetns in December 2006 when some unidentified people came out and changed the locks with no legal documents to show they had any legal rights to do so.
05/15/2007 | Category: Real Property » Foreclosure | State: Alabama | #4882