Archived
Can a sheriff come change locks on my moms house and what should she do if he comes back and will she be able to get back in sin
Mara's answer
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Answered on March 14, 2012
It's hard to tell if everything was done properly with locking your mom out of the property. I'm not an Indiana lawyer, but in Illinois the bank or...
How many months unpaid before a bank can start the foreclosure procedure.
Mara's answer
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Answered on March 14, 2012
Normally the bank doesn't foreclose until you are 3 or more months behind. You're right that entering into the forbearance agreement that you are...
Archived
Can my father in law have me evicted at a home he left that is now in foreclosure ?
Mara's answer
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Answered on March 14, 2012
Your father-in-law can evict you during the time that he maintains possession of the property. He will lose a right to the property when the order...
Archived
During the foreclosure process i know our credit will take a big hit
Mara's answer
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Answered on March 14, 2012
Your credit will be affected by a foreclosure, and also every month that you are reported in default. It takes about 7 years of good credit history...
Archived
Refinanced to pay off a second mortgage and a partial cash out to repay other debts 4 years ago on my primary residence in il
Mara's answer
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Answered on March 13, 2012
You may want to discuss a reverse mortgage with a rebutable broker or mortgage company. However, that may mean youll have to stay in the house and...
Archived
Are there any credible attorneys that handle mortgage modifications that can give positive results?
Mara's answer
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Answered on March 12, 2012
If your loan is backed by fannie mae, you or whoever you hire should consider applying for HAMP. Attorneys can handle modifications, or they may...
Archived
My home is under forclosure and my brother rents a room, can I still live in the house until he is evicted?
Mara's answer
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Answered on March 12, 2012
Legally, your right to possession of the property expires 30 days from the court's entry of an order of possession in favor of the bank. Thereafter...
Archived
Bankruptcy question in illinois
Mara's answer
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Answered on March 12, 2012
Timing will be extremely important in your situation. Generally speaking, post foreclosure sale is too late to file a Ch. 13 and save your home....
Archived
I cant afford my mortgage in illinois
Mara's answer
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Answered on March 12, 2012
There are a myriad of things to consider when you fall behind on your mortgage. It is good that you are thinking into the future like this and...
Archived
Do I need a real estate lawyer to do a quit claim, short sale or foreclosure on my home.
Mara's answer
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Answered on March 08, 2012
I agree wholeheartedly with the previous attorney's answer. I would strongly advise going to see an attorney, and a real estate attorney who also...
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