Archived
In a foreclosure and know we were dupped, but not sure what to do now after fighting for almost three years
Bernard's answer
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Answered on June 24, 2011
At some point yo need to get a lawyer if you are serious on solving this problem - I believe you have reached that point. Without seeing the...
Archived
I have an 80/20 loan in Wa state. All purchase $$. Forclosing now. Both with BoA. Can they sue for the 2nd loan after forclosed?
Bernard's answer
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Answered on June 24, 2011
While you are confusing the role of FANNIE MAE - in short - you can be sued for the second as I understand the way it is currently documented. I...
Archived
What can I do or expect?
Bernard's answer
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Answered on June 24, 2011
You need to get a BK lawyer or get back to the one you have. The reaffirmation on a loan you cannot make payments on is setting you up for a bad...
Archived
I have 1st & 2nd loan on my primary residence in Arizona. If I walkaway can either mortgage company come after me on deficency?
Bernard's answer
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Answered on June 23, 2011
The short answer is that yes - you may be held liable. Get some legal help to try and avoid that.
Archived
I received a summary of judgement, how do I proceed?
Bernard's answer
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Answered on June 23, 2011
You need to get in front of the judge. I highly recommend you get a lawyer to handle this as there is too much at risk to go Pro Se at this stage.
Archived
Do I have a legal right if I had a signed lease from a landlord who was in foreclosure? We had to move out of our house.
Bernard's answer
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Answered on June 22, 2011
It would appear that since you left involuntarily that you should be entitled to a return of the security deposit and possibly damages for the...
My mortgage note has the incorrect P.I.N. number on it what does this mean to me?
Bernard's answer
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Answered on June 22, 2011
I believe that this would ultimately be corrected as a 'scrivener's error' and have no ultimate effect on the validity of the mortgage.
Archived
How do we tell a lawyer that we cannot get homeowners insurance on a house because of the disaster the previous owners left?
Bernard's answer
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Answered on June 22, 2011
I don't understand - who owns the house? Why would previous owner's have anything to do with it since they no longer own it?
Archived
I purchased a property on trustee sale auction in CA. Later I sold it and when closing escrow I had to pay previous owners past
Bernard's answer
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Answered on June 22, 2011
Agreed - the time to clean that up was at the auction. Otherwise you take it as is and that means with any liens or encumbrances.
Archived
I live in WI and am going through a foreclosure. I'm wondering where and when I will be served with papers.
Bernard's answer
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Answered on June 21, 2011
You can try the mortgage company but if that is not productive - the law firm will be listed in the court records in your county. If you go to the...
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