I recently got married prior To that I purchased a Home. Is the house ours know

I agree with Ms. Tomshinsky. Therefore, assuming that you had not yet met your husband at the time that you purchased the home and there is no...

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Is it illegal to rent a home in foreclosure?

It is not illegal to rent out the property even though it is the subject of a foreclosure action. You are the owner of the property and you have...

If the 1st mortgage is under water, what can the 2nd mortgage, in default, do? Does the 6 year statute of limitations apply?

Settlements with unsecured second mortgages depends on who the lender is. Credit Unions (USAA), HSBC and Regions are VERY tough negotiators. The...

Is it better to let your house go to foreclosure or sell it cash for keys.

Strictly speaking on only the tax liability question, it really doesn't matter. The tax issue is in regard to the 1099 your lender will issue you...

I am divorced and haven't resided in home for 16 months. ex-husband is foreclosing on house. Can banks take my assets:?

Because you are on the loan you remain liable for the loan amount. Since your husband defaulted and the property is in foreclosure this is all...

What does it mean when my "objection of sale" on a foreclosure is "recognized?

Recognition of an Objection to Sale simply means that the Court is in receipt of your objection and the Title to the property shall not pass to the...

Why did I receive a foreclosure scheduling order if I received a loan modification?

I agree with Mr. Rorex. It may also be that the lender failed to communicate to their legal counsel that the case has been settled via a loan...

My name is on the mortgage form but I am not the right person, still I received summons related to the foreclosure of the house

I'm sorry but I am having some trouble understanding your question. It seems that you may have been named as a Defendant in a foreclosure action on...

I'm 5 mo. behind on mort. Lending inst. says they won't except 2 pymts. has to be 3 or more Can they do this?

If it is your goal to stay in that home and the numbers make sense then you should try to find a way to bring the loan current and repay the entire...

What are the deficiency laws in NC?

Are you sure that you cannot afford the home if you were able to qualify for a loan modification? Programs such as HAMP (the Home Affordable...