Archived
Is it legal for a past nominee to assign a mortgage to a third party, and which IL laws are applicable to this scenario?
Rick's answer
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Answered on March 17, 2011
What you have described is the typical MERS scenario, which is undoubtedly the subject of your inquiry. No other entity except MERS has utilized...
Archived
I am in foreclosure. My homeowner's association is asking for 2000 in attorney fees. I don't have the money to pay them.
Rick's answer
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Answered on March 12, 2011
Be sure to contact your Homeowners Association. They will evict you and prevent access to your home. Some Associations are very aggressive today,...
Archived
If my house is in foreclosure but they have not a sale date jet, can i still save the house?
Rick's answer
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Answered on March 12, 2011
Yes, it is not too late, but don't waste any time. There are several paths you might take to save your home, including mortgage loan modification,...
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