Hauppauge, NY
Real estate Lawyer at Hauppauge, NY
Practice Areas: Real Estate, Foreclosure ... +2 more
Generally, in this situation, the answer would be yes, the mortgage company can foreclose on the property. presumably, the lender's interest in...
Unfortunately, a DIL is the only way to do this. I am suprised that they are insisting that you apply for a mod before you attempt a short sale. ...
The mortgage lien or the rights associated to it are no longer under the authority of the Bankruptcy Court. Although you are no longer personally...
You have to consider what your next step is. I say this because allowing your house to be sold at a foreclosure sale has an extremely detrimental...
The highest bidder at the sale has the right to purchase the property free and clear (unless there are other LPs or tax liens that survive). As...
You should discuss this with your attorney. Ordinarily, if you can afford to pay the mortgage payment, you should remit the payment. However, if...
Generally, if you are in foreclosure already, you are probably a bad credit risk and it will be difficult to get a lender or investor to refinance...
If it is foreclosure but before sale, the homeowner is responsible, as NJ is a lien state and the mortgagor continues to own and is responsible for...
Once a final loan modification is executed, it is as if you executed a new note and mortgage. Unless you violate a specific term listed, they...
Congratulations on being approved for any short sale. it is often a difficult and fruitless process. There are some benefits to a HAFA short...