In owner occupied foreclsoure (eviction) in reference to BFP . what does this mean ???

Please see my answer to this question in your previous post. Richard A. Rodgers, Esq. (805) 230-2525 200 N. Westlake Blvd. Ste 201 Westlake...

If the property did not sell at auction but went back to the bank, would they then be the "bona fide purchaser for value"?

A "bona fide purchaser" (BFP) is a person who acquires an interest in real property, or enters into a contract to purchase real property, in good...

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If the house i'm renting goes into foreclosure and is sold at auction, who is responsible for returning my deposit?

The previous owner - your landlord - is responsible. Richard A. Rodgers, Esq. (805) 230-2525 200 N. Westlake Blvd. Ste 201 Westlake...

Is the new owner of a property purchased @ a Trustee sale, entitled to any surplus money resulting from the sale?

No. CC 1542 just releases the parties from claims they may have against each other, known or unknown, It does not waive or transfer the right the...

Non purchase money, & AFTER paying 3 years on loan modification. California,trustee sale, can they hold us liable 4 deficiency

No deficiency judgment is allowed after the lender forecloses by Trustee's sale, regardless of the modifications, new loans, and permutations of...

An REO was sold for $225K and the balance was $175K. Who keeps the overage?

An REO is Real Estate Owned by the bank. As the owner after foreclosure, the bank keeps all net proceeds (or takes the loss) from a subsequent...

I have a promissory note for money I loaned, in the note it states I can put a lien on their property. How do I do this?

You will have to show the note to an attorney to get a definitive answer. It could be that the nature of the debt and intent of the paties was for...

I am a landlord and the tenant has totally messed up the house can we get more then the security deposit?

Within 21 days of the tenant vacating, you have to give or mail to the tenant an itemized statement showing the amont of deposit and the amont...

In california nonjudicial foreclosure, does the NEW OWNER have a right or claim to surplus funds

Surplus funds are distributed according to Civil Code 2924k. After paying off the foreclosing party's demand plus all costs of foreclosure, the...

FORECLOSURE and DEED OF TRUST. NOTARY and SIGNATURES on DEED OF TRUST transfer of note to bank to foreclose.

Challenges to the validity of the owner/landlord's title is not defense to a UD. Richard A. Rodgers, Esq. (805) 230-2525 200 N. Westlake Blvd....