If someone is not paying their mortgage and pocketing the money till property goes into forecloser can they get in legal troubl

It depends upon the terms of the lease and WI law on this subject. The tenants should contact a WI real estate attorney to better understand their...

Do a mortgage company have legal grounds to sue for a mortgage loan agreement that they never sold the home at auction?

Based upon your facts, if you vacated the home in 2005, and the bank never foreclosed on the home, then you are still own the home. You might want...

I recommend that you speak to a NY real estate attorney who can research your chain of title issues, and can advise you on your real estate options...

My house is upside down, the bank has offered a deed in lieu, what is the penalty to me if I take it

If you do a Deed in Lieu of Foreclosure, you will have a credit hit, but not as bad as if you had a foreclosure on the home. I recommend that you...

I have a 2nd mortgage they say they are going to foreclose and do not have to pay the 1st is that true.

Foreclosure law is governed by state statute. Any second lender who forecloses on your home cannot receive any of the proceeds of sale until the...

Am I responsible for HOA dues prior to a Foreclosure sale? I stopped paying HOA dues after deciding to walk from the property.

You are personally responsible for your HOA dues until you no longer own your condo. After a foreclosure, you will remain responsible for any...

In Arizona, if property is 2.5 acres or less with a single or two-family "dwelling", that has been lived in, by anyone, legally you can walk away...

I am in need of some assistance.

I recommend that you speak with a local WI real estate attorney. If you do not have a written lease, you are most likely a month to month tenant...

Was approved in writing for HAMP modification but given a NON-HAMP mod. instead.

There could have been a mix-up in what was actually offered to you. If your lender was with Chase, Bank of America or Wells Fargo, these lenders...

Can a lender foreclose my home when I am in the middle of a loan modification or short sale?

It depends on the investor, the entity that owns your loan. If you are working on a loan modification, chances are good that as long as your bank...