Can a person that is on the deed, but not the mortgage be liable for deficiencies if mortgage goes into default and foreclosure

Foreclosure: On Deed But Not Mortgage In Illinois if you are on the deed but not the mortgage or note as a guarantor you cannot be found liable...

Can I be held liable for foreclosure on ex/s home?

Foreclosure: Is Spouse Liable? In Illinois, a spouse is always served as someone who may have an interest in the property. If you are not on...

If you are in the process of doing a loan modification and you do not pay your mortgage, can the bank start foreclosure?

The Banks are under no legal obligation, at this time, and to my knowledge to ever actually have to modify the terms of a mortgage or note. What...

Deed in lieu in progress~foreclosure just listed in the newspaper!!

If the house was foreclosed upon and it is still within 30 days of judgement you can reopen the case as a matter of right. If it is beyond 30 days...

Can a home foreclosure be granted to a bank that does not hold the mortgage but holds a business loan in default?

The loan documents probably give the loan holder the right to foreclose on any assets they want, and in any order that they want. You absolutley...

There is an 80/20 mortgage situation on our condo-in a foreclosure how are they both settled

The second note holder can come after you and likley will. You may want to explore if a Deed in Lieu of Foreclosure or a Consent Foreclosure is...

If you had title insurance policy, please contact the title company and make a claim. This information has provided for educational purposes...

What do to with a bad Real Estate title search?

If you had title insurance, make a claim for the title insurance. If you did not have title insurance please purchase a policy for your protection...

Milagation for a Mortage Loan

It is very simple. Ask the Attorney to point to a track record of successes that Attorney has had in the past. If they have a track record that...

Once you are foreclosed on and the auction happened. can you still have the loan paperwork looked at to see if it was predatory

If the house was foreclosed upon and it is still within 30 days of judgement you can reopen the case as a matter of right. If it is beyond 30 days...