I have a 2yr lease and the owner is now in default is it possible for us to purchase the home before it goes up for auction?

The option was written after the owner took out the loan on the property. Also, I doubt you recorded the option. Thus, by foreclosing the lender...

Real estate agents lying to gain access to tenant occupied foreclosure. Who to believe? And how to negotiate a new lease?

The agent may be pursuing the REO listing from the bank. I doubt he cares about your interests. If your lease predates the Notice of Default, the...

If I am on the deed to a home in foreclosure, will MY filing chapter 7 effect/slow the sale.

If you are not on the loan, why file a bankruptcy? Why ruin your credit? For a few months of free rent? You got to be joking! You should...

Just found out that the house I'm leasing is going into Auction in 3 weeks. Continue paying rent?

Why in the world would you pay a landlord who himself is not paying? If he has owned the property for more than a year, it is trus that he is not...

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The HOA did not file a lien because the lender's trust deed was worth more than the property and when they foreclosed, it would have wiped out the...

I have 10 rentals and three are sinking the boat. If I allow forclosure for non payment can the lender come after other assets?

This is what is called a strategic foreclosure. Sometimes you have to lose some of the properties to save the rest. Each loan on each...

My husband is losing his job, needless to say, our house will foreclose.

If you only have a first trust deed, and the bank is doing a trustee sale, then you have no worries. The bank takes a loss on the deficiency, but...

Is there any way to rollover my defined benefit plan in this situation?

There is a BIG difference in a defined contribution plan - a normal 401k for instance, and a defined benefit plan. IN defined benefit plans, the...

I need to remove the Trustee . He is losing our home to foreclosure. What forms do I need to file and where? Im in Fullerton,CA?

You can file a petition to remove the Trustee with the court. Hopefully, when he receives the petition he will resign as Trustee and relinquish...

I will receive a 1099 c this year. Our home is under contract and should close by March 1st. I have a chance this year to pay

The sooner you get this all behind you, the sooner you can start rebuilding your credit. www.michielawfirm.com I guess I wouldn’t feel lawyerly...