While it is not my objective to turn this into a debate, IRS liens come behind (are subordinate to) purchase money mortgages, even when the IRS...

Foreclosure and Second Mortgages

I disagree that the rights of holders of second mortgages are not clearly defined. Mortgage law is hundreds of years old. Second mortgage...

Homeowner foreclosure, mortgage lis pendens?

The best answer I can give you is to STAY AWAY !! Buying at association foreclosure sales is generally a trap for the buyer. The only exceptions...

How can a foreclosed condo w/a "Final Judgment of Foreclosure" recorded and an auction date that's past still be in my name?

Yes. The situation these days is a total mess, and until a foreclosure sale is actually held and finalized, you are still legally the owner of the...

Generally I disagree that the mortgage company has to consider what is due to IRS. Generally the mortgage lien is superior to the IRS lien, and if...

Florida question. My home went up for sale, then two orders immediately after that canceled the sale.

There is no reason to (or point in ) contacting the Sheriff. You need to check the docket in the foreclosure case, which is online. See what...

In Florida - have final judgement of foreclosure issued against us on April 20, sale set for May 31st. What is time frame?

There has to be at least a 10 day span between the sale, assuming it occurs, and eviction. It takes that long for the sale to be confirmed and a...

Florida Foreclosures

1 - The statute of limitations for deficiency claims in Florida is 5 years - to begin the action. 2 - The triggering event is the entry of the...

We had a foreclosure in july 2007, we had a second mortgage and we never heard from lender about it. is it washed out?

P.S. The answer I disagreed with was the answer from the Ohio attorney, and as a point of clarification, I don't totally disagree, only to the...

We had a foreclosure in july 2007, we had a second mortgage and we never heard from lender about it. is it washed out?

I disagree with the prior answer. Unless there was sufficient equity in the property that, after the sale, the first mortgage holder got all that...