Archived
I have been denied three times by my BofA to modify my heloc. I have been providing docs since Oct. I was able to get my first
Joseph's answer
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Answered on February 24, 2014
I suggest that you start with the notion that you should not expect competent customer service from a bureaucratic bank...nor assume that you are...
Archived
I feel the judge favors the bank in foreclosure cases. I have proof of fraud. How do I get a fair trial in my county(CA)?
Joseph's answer
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Answered on February 23, 2014
Here is the sugar free reality: The first problem is that you're losing sight of the fact that it is your default of the loan that is the cause of...
Archived
If My First Mortgage Foreclosed In 2009 , Am I Responsible For The Second In California?
Joseph's answer
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Answered on February 23, 2014
If the mortgage was a purchase money loan- it is non-recourse and you are not liable for the balance.
Archived
Our second is thru a credit union (logix) who will not help with a remod, can they foreclose on us?
Joseph's answer
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Answered on February 22, 2014
The second absolutely can foreclose and likely will if you have equity.
It may be to your advantage to hire an attorney\broker rather than use a...
Archived
A Trustee Sale is "on hold", i.e. not postponed.
Joseph's answer
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Answered on February 21, 2014
The phrase "on hold" is not mentioned in any statute relating to foreclosure.
Trustee only has to provide written notice where sales are postponed...
Archived
We live in California and our we received a notice of sale on our house, how long do we have to move out when it sells?
Joseph's answer
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Answered on February 21, 2014
The notice of sale should disclose the auction date. After the sale, either the bank or a third party will own your house and can evict...
Archived
Is it unusual for a foreclosed property to auction off for more money than was owed?
Joseph's answer
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Answered on February 20, 2014
Yes, you have a right to the surplus. Whether you require an attorney to represent you on a contingency basis is up to you: it may help or it may...
Archived
I lost my house in forclosure. I owed $190.000, they sold it at auction for 320,000. Who gets the money overage?
Joseph's answer
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Answered on February 20, 2014
It depends what other encumbrances are on your title.
Second mortgages, HELOCs, HOA liens, tax liens mechanic liens and judgment liens get paid...
Archived
It's been over three years since payment was made to 2nd mortgage, was advised by legal council, after three years, they can't
Joseph's answer
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Answered on February 16, 2014
Notwithstanding your personal liability, the lien is attached and growing.
You must address this potential financial time bomb ASAP to protect...
Archived
I am concerned that a law firm claiming they can get surplus funds from a forclosure back for us are fraudulent please help.
Joseph's answer
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Answered on February 12, 2014
Do your research. Check them out with the state bar and search the internet for reviews.
Like any other legal service, you are free to...
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