Archived
My name & other siblings is on my moms house. My house is going in forclosure. Should I have my name taken off of my moms hous
Cliff's answer
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Answered on November 21, 2009
The answer to the question first involves estate and trust issues that will define who owns what and how it is owned in relation to each other. ...
Archived
How does foreclosure affect a second mortgage?
Cliff's answer
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Answered on October 28, 2009
The impact on a "second mortgage" depends on whether a senior or junior lien holder is doing the foreclosure. If a senior lien is foreclosing then,...
Archived
My home has already been foreclosed on and I have received an eviction notice. What can I do to protect my home
Cliff's answer
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Answered on October 05, 2009
Your lender was the secured party as reflected as the beneficiary under the deed of trust.
Without knowing the stage of the foreclosure...
Archived
Short sale versus Foreclosure
Cliff's answer
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Answered on September 30, 2009
It depends on whether or not you are delinquent in your payments when the short sale is completed.
Archived
Should I foreclose or return my deed? Which one requires me to pay less since I don't live in the home anymore.
Cliff's answer
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Answered on September 22, 2009
Do I understand your question to be that you own a property for which the note is in default and you are trying to decide whether to let it go via...
Archived
Can a mortgage company foreclose on a property if the deed is not recorded correctly?
Cliff's answer
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Answered on September 15, 2009
An attorney would have to review the document and better understand why you contend that the, "deed is not recorded correctly."
I assume that...
Archived
Can a court of appeals overule the court of special appeals if it is found out that mortgage company dosent own the note.
Cliff's answer
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Answered on September 02, 2009
You need to consult with an attorney who can review the decisions and the assignment documents.
Archived
Payments being made in foreclosure status.
Cliff's answer
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Answered on August 30, 2009
Difficult to answer without knowing what payments are being made, whether you are in default, whether there is a forbearance agreement in place, etc.
Archived
In MD, can a foreclosing lender sue me for difference b/w the foreclosure sale price and the amount I owed on the mortgage?
Cliff's answer
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Answered on August 30, 2009
Simple answer is, "YES." See subsection (b) of the Maryland Rule below:
Rule 14-216. Proceeds of sale.
(a) Distribution of surplus.- At...
Archived
On Deed of Trust but not note in foreclosure in Anne Arundel County, MD
Cliff's answer
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Answered on August 23, 2009
If you are not on the note then there should be no reporting to credit bureaus about failure to pay the bank on the note. If you still are on the...
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