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you will receive a letter from the attorney who has been appointed to handle the foreclosure of your particular property.
This is a -to heck with you -- we have tried to resolve letter, kind of a referred to as a drop dead letter
This letter will tell you that your property has been added to the public notices file and will be publicised in the local and state newspapers in an attempt to sell and recover any loses for the bank who issued the loan for the mortgage.
This letter will also let you know that your property is up for public auction on the courthouse steps on a certain date
-- on this date you can attend the auction and may even recover the property-- by bidding on it and purchasing it with outright cash-- The full bidding amount will be needed here and no loans are issued for this auctioned purchase.
about 8 years ago this foreclosure process would take up to 6 month before anyone had to move out of the house but today in 2010-- the process has become rampant and many situations are handled with speed and many former owners usually have about 3 months to move out from the date of their first notice received.
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∙ 13y ago
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What is the meaning of good through date for foreclosure?
It means that the offer is good until the foreclosure date. This means that the offer cannot be redeemed after that date.
If a foreclosure account is transferred to a new company can they report the foreclosure date as newer than it actually is?
NO. Doing so would be illgal re-aging of the debt. The foreclosure date is going to show as the date the new company received it. Not sure it counts as re-aging.
What happens to homes in foreclosure?
The homes in foreclosure are sold at auction after notice and publication of the date, time and place.
How long can you stay in your home in Indiana once you receive final judgment of foreclosure?
In the Final Judgment of Foreclosure, there will be a date listed. You can stay in your (or what was your home) until that date. On that date, the sheriff will show up and will evict you and then they'll probably change the locks, too.
Mortgage foreclosure dismissed for want of prosecution?
The mortgage company did not go to their own court date and the foreclosure was dismissed. They will be able to refile it if it was without prejudice.
How long after your court date for foreclosure in Michigan do you have before you have to vacate your home?
6 months from the sheriff's sale date.
What is the foreclosure sale date?
it means giving date by court to lender property is going to sell or date is given by when property is going to bet
What is the DIEMS date for?
For closing on a foreclosure home. - selling bank has a per diem rate if not closed by agreed upon date
Who owns the house when a foreclosure has been dismissed without prejudice?
The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.
How can you rebuild your credit after a foreclosure?
Pay you bills on time. Try to get some kind of credit and make sure it is paid on or before the due date. That is what we are doing after our foreclosure 2 years ago.
How long is the process for foreclosure?
This process, for us at least, took awhile. My father got the foreclosure letter in the summer of 03, and because of the courts they moved the dates back and then back again, and we finally got foreclosed on the NEXT summer, June of 04. It depends how busy the courts are, I suppose. You will probably get letter after letter letting you know a date, then maybe it will be that date, maybe you will get another letter like we did pushing the foreclosure date off.
Use forbearance in a sentence associated with foreclosure?
Forbearance in a lending context is a mortgage lender's delay of foreclosure proceedings in order to give a borrower a chance to bring up-to-date overdue payments.
