Archived
Served foreclosure complaint besides answering the complaint and housing counseling, what should our next step be?
Cheri's answer
|
Answered on November 18, 2009
You need to check to make sure that the foreclosing entity has standing to proceed. You need to hire a lawyer who knows what to argue in defense...
Archived
Can the property mgmt co keep any part of the security deposit on the house I am renting that is going into foreclosure/auction?
Cheri's answer
|
Answered on November 18, 2009
There is a new federal law that protects tenants when the home they are renting is foreclosed upon. The management company can only keep the...
Archived
I am 3 months behind and the bank says I can go into foreclosure. If I make payments every two weeks can I still loose my house?
Cheri's answer
|
Answered on November 18, 2009
Foreclosure is the process by which the bank recoups its losses on a loan secured by the property. When you purchased the property you signed a...
Archived
What are the legal ramifications of a voluntary foreclosure?
Cheri's answer
|
Answered on November 18, 2009
If he walks away from the property and it is under water or upside down, he may be hit with a deficiency judgment. When he purchased the property...
Archived
After moving out of our forclosed home who is responible to keep the heat on and have insurance on it?
Cheri's answer
|
Answered on February 08, 2009
Technically you are. Should anyone get hurt on the property before the foreclosure is completed (the sale date) you would be liable. The bank...
Archived
Forclosure about to start. now 90 days. Need timr to sell Wachovia won't allow it . Have approx $125M in equity.
Cheri's answer
|
Answered on February 08, 2009
Contact Wachovia's loss mitigation unit and try to work a deal where they give you a certain amount of time to sell the property. This works best...
Archived
Can a company foreclose on a home if they never got the title signed over to them in the closing?
Cheri's answer
|
Answered on February 08, 2009
They can try but not having title makes it much harder for them to succeed. In order to foreclose, the entity must have legal title to the...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained