Archived
I'm a tenant - home is being foreclosed - I have a month deposit and last month rent pre-paid. Can I not pay 2 months rent?
David's answer
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Answered on June 15, 2012
Yes they can evict you. Your rights as a tenant are distinct from the landlords obligations to the lender.
Archived
At closing If we do not agree with the amount we are receiving after all fees do we have to close?
David's answer
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Answered on June 15, 2012
It all depends upon the contract terms.
Archived
I have been served with FC summons and need to file answer by June 25, 2012. Do possibly forged signatures carry any weight?
David's answer
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Answered on June 13, 2012
Generally speaking with regard to institutional lenders the Note/Allonge and Endorsement are not notarized. You may want to review these...
Archived
Is it true that if you purchase a foreclosed property from the courts, that you are still liable for the back HOA dues?
David's answer
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Answered on June 07, 2012
Correct
Archived
I'm about to pay off the mortgage. Before the bank presents the deed to me, can they add someones name to it via a request
David's answer
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Answered on June 07, 2012
it would be better to add her after it is paid off as there are no documentary stamps due on that transfer. Otherwise, you would pay doc stamps...
Archived
I was awarded the home that me & my ex shared during our marriage. Now I am getting foreclosure papers from the court which were
David's answer
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Answered on June 05, 2012
This is a very common situation these days in which one spouse is awarded a house which is in foreclosure or otherwise totally underwater. There...
Archived
Assumable Mortgage deal gone bad.
David's answer
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Answered on June 05, 2012
these are difficult situations to deal with. Certainly a call to the investor would be the 1st step. However, short of paying off the loan, you...
Archived
We are currently in forclosure. We have a home equity loan, will it automatically be rolled into the forclosure?
David's answer
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Answered on June 01, 2012
The Heloc will be named in the foreclosure by the 1st mortgagee. However, even though this Heloc is going to get wiped-out in the foreclosure with...
Archived
My company purchased a HOA Foreclosure. Now the bank is auctioning the property. What rights do I have if it is sold?
David's answer
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Answered on June 01, 2012
You rights in the property are strictly subject to the lender's mortgage. You are free to bid on the property, but you will have your interest...
Archived
1st mortgage was charged off. lender did not notify me. acct is now current. will i lose my home? can they still 4close?
David's answer
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Answered on June 01, 2012
Really depends on what 'charged off" means to that lender. I am assuming that they have simply transferred the loan and have not otherwise...
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