If a bank forcloses on a piece of property, do they have to sell it for market value or can they sell for what ever they can get

Foreclosed properties virtually never sell for a good price, particularly now with the current oversupply of foreclosed prperties. IPlease...

What do I do if a short sale doesnt cover enough for 2 mortgages on a home? Forclose, or forclose then claim bankruptcy?

You need to be working with a knowledgable attorney and realtor to get this done. The nature of a short sale is that it does not pay the mortgages...

Can the mortgage protection insurance pursue a deficiency judgement against me in a short sale in Florida? Time limit?

It is quite likely that the PMI company will sue you. However, this is a separate cause of action than a deficiency judgment. I have been...

Is it legal for my mortgage servicer to keep my home in foreclosure if they rec'd the payment but misapplied onto another acct?

If you can prove that you made full payment, you have both a defense to foreclsoure and a counterclaim against the lender and the servicer, who is...

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If someone forged my name to acquire property how do i get my name off deed after mortgage co. already absolved me of loan?

You cannot remove your name from the deed without a court order. However, if you consult an attorney who specializes in real esate matters, he/she...

Can the anyone come after me if my home is forclosed with a VA loan and the mortgage is not in my name. Just the deed.

If your name is on the deed, you will be named as a defendant in the foreclosure. However, if you are sure you did not sign the note, then you...

Unfortuantely, by trying to defend this yourself, you missed some important issues. If you hae already filed an answer, you are stuck with it ...

Can a final summary of foreclosure judgement be "attached" to a new mortgage?

While there is considerable confusion regarding this subject, the fact that there is a judgment in foreclosure is likely to cause mortgage lenders...

Homestead in Florida gets special protection. However, if your other property is not YOUR homestead, it is not entitled to homestead protection. ...

What to do when you haven't filed taxes in the past and need to get past taxes filed?

See an accountant immeidately. You can file late, and may be able to provide sufficient explanation that IRS will waive late filing penalties.