Archived
My husband and I received a summons to appear in court re: foreclosure on our home. We want to save our home. What do we do?
Stephen's answer
|
Answered on March 03, 2014
Hire a competent real estate attorney in your area to 1) defend the foreclosure and 2) assist you in applying for a loan modification.
Archived
How much does it cost to hire an attorney for a forclosure case?
Stephen's answer
|
Answered on March 03, 2014
There are 3 kinds of service: Good, Cheap, Fast. You can pick any two.
1. Good service Cheap won't be Fast.
2. Good service Fast won't...
Archived
A Foreclosure Complaint against us over year ago never went further, court order show cause, now referred to Magistrate.
Stephen's answer
|
Answered on March 03, 2014
An order to show cause can different application. Yes, a real estate attorney, such as myself, would be in order to review the motion. Are you...
Archived
Is the court that ordered the Foreclosure Sale obliged to cancel its own foreclosure order because the amount owing is wrong?
Stephen's answer
|
Answered on March 03, 2014
Is the Affidavit of Amounts Due and Owing, the Judgment incorrect, or both? If simply the Affidavit, did you raise the issue at the Motion for...
Can a 1099C be issued to 2 borrowers that are no longer married but have the 1099c amounts split in half?
Stephen's answer
|
Answered on March 03, 2014
A 1099c will be issued to the parties liable on the promissory note. The lender will not split the amount on the 1099c. You will need to speak...
Archived
Denied Modification...what does this mean exactly in layman terms?
Stephen's answer
|
Answered on March 03, 2014
It means that you make too little. You would need more income in order for the lender to modify your loan to equal 31% of gross income an stay...
Archived
If a homeowner's property has been foreclosed on, can a spouse of the homeowner claim title to the property?
Stephen's answer
|
Answered on March 03, 2014
The lis pendens puts the world on notice that there is a legal action pending against the property. In my opinion, the Plaintiff would not have to...
Archived
I paid a homeowner first month and security deposit to move in on a future date but then i changed my mind..can i get a refund?
Stephen's answer
|
Answered on February 27, 2014
Did you sign a lease? Either way, it's doubtful you will be able to get a refund. If you signed a year's lease, I would ask the landlord to let...
Archived
What if my foreclosed home sells at auction for MORE than the Final judgment? Do I get the remaining money?
Stephen's answer
|
Answered on February 27, 2014
Answer from previous post:
Unless you intervened as a 3rd party purchaser in the mortgage foreclosure case, the bank was under no obligation to...
Archived
In Forida, owner quit claims condo to assn. Bank forecloses. Does bank foreclosure wipe out condo assn ownership at sale
Stephen's answer
|
Answered on February 27, 2014
Yes, ownership would transfer back to 1st mortgage or 3rd party purchaser. Lease has to be a bona fide lease under the Protecting Tenants in...