IS THIS THE CORRECT THING TO DO?

If she is days away from the sale date then a bankruptcy may be her only option. However, if there is no imminent sale date then I would argue that...

Any risks on foreclosed property that has no judgement amount. bid starts at 100.00 can't find any liens for property.

Is there a homeowner's association where the property is located? Where exactly have you looked for the liens? Has a title search been done?

I am in the Process of obtaining a Deed in Lieu in NC. The bank has agreed. BUT, they are planning on sending a 1099A.

You should not be overly concerned about the 1099 tax liability. The tax basis of the property is the purchase price, that should help. Secondly,...

Husband passed away. Home improvement loan account in his name only. I own house; he was not on deed. Am I responsible?

I agree with prior answers but I want to stress how important it is to review the terms of the home improvement account. If the terms allow for a...

Woman dies, no will, daughter is not on deed, woman's ex has been paying the mortgage since day 1, who has legal rights to sell?

This is more of a probate question. Assuming woman's only living heir is her daughter, house will go to the daughter. If you want to file an...

Son to buy house next week, mortgage will be in his name. getting married in 3 months can he have wife put on deed at closing

This question raised many red flags to me. If your son's fiance has bad credit that is an issue. The fact that the home purchase is being done in a...

Is it illegal to collect rent on a property if it's in foreclosure and not let the bank know?

I agree with Mr. Zaretsky's answer. It is not illegal to collect rent on a property even after the lender has filed a foreclosure action against it.

We would like to know which option is better for us, foreclosure or deed in lieu of foreclosure.

Since your lender offered you a Deed In Lieu ("DIL") I suggest that you take it. You may even be able to qualify for a relocation incentive of...

Can former spouse, current roommate, but still co-owner mortgage property on his own.

The reason why a person who is not on the note would have to sign the mortgage is if their financial interest in the property was being affected....

The title company's charges to draft the QCD are very reasonable. You will also have to pay Escambia County doc stamp fees of seventy cents per...