Should I continue to make payments such as insurance, property taxes, maint. fees, yearly lease dues, If I am foreclosing?

Assuming this is in Washington and you are facing foreclosure, you need not pay property taxes as they are a lien on the property and the lender...

Can my wages get garnished in a foreclosure on a 1st mortgage if I proceed with a foreclosure for a rental house I cant afford?

A lender cannot proceed with a non judicial foreclosure of a first mortgage in Washington and also sue for money. They can take the property and...

My daughter purchased a condo in Jan./ 2008 and now owes 140K (BECU mortgage, 3 yr. arm) and condo is valued today at 120K.

Retirement accounts are protected from all creditors so there is no worry there. Assuming this property is in Washington , and there are no other...

My house was foreclosed and sold at auction i was sent my 20 day letter how much time do i have after before im removed

After the 20 day period following foreclosure, the owner can start an eviction proceeding which requires notice, an opportunity to defend in court,...

If house was put on our property yet we now dont own it, they are foecloseing on us in 14days. do we still own the property?

You should confer with an attorney right away. The information you provided is not enough to tell what will happen. If you put a modular home,...

Ten states are so-called non-recourse, prohibiting deficiency judgments after most home foreclosures:

In Washington, a first lien deed of trust generally is foreclosed non judicially and is in full satisfaction of the debt. Unless a judicial...

The house I am renting has been forclosed, the bank is honoring my lease, but the homeowners Ass, states I have to leave. Do I?

The Association's main beef is with your landlord who may have breached the restrictions when the unit was leased to you. They have no basis to...

Consequences of mortgage default in Washington state.

If you have only one loan on the house and it is not a farm, it is very likely that a lender would foreclose non- judicially. If you have a second...

How can I tell which foreclosure process is being executed?

You are correct. A Washington non-judicial foreclosure is initiated by mailed and posted notice of default, followed by a notice of trustee's...

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1st lender approved short sale, second lender will not approve

The holder of the second lien does not have to consent to a short sale. Since you have continuing liability of the second lien, their offer of...