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How long do you have after your house is sold at foreclosure auction in Cincinnati Ohio?
Wiki User
∙ 9y ago
You generally have 30 days, but the bank should give you an exact time. Some banks have been very slow to repossess houses and people have stayed in them for years and months.
Wiki User
∙ 9y ago
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Are there foreclosures in Ohio?
Yes there are some foreclosure close to your are there in Ohio. You can go to the website realtytrac.com to find the foreclosed homes that are coming up for auction in your area.
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If your Florida home has a sinkhole can you do a voluntary foreclosure and let the lender deal with it as you no longer live in that state and how will this affect your credit?
I would talk to a Lawyer first to see if it is someone's faught why there is a sinkhole. And check with your neighbor's to see if they are having problems. Or if you let the bank take it then you will be responsible for the difference in what the house is auctioned off for and what you owe on it. Or I would maybe try to sell it as is. That would be your best bet. Now thisis how it is done in Ohio. You might want to check the laws in Florida. Good Luck * There is not such an action as a "voluntary foreclosure". If the lending contract is defaulted and the property abandoned by the borrower the same procedure will apply as if the borrower defaulted unintentionally. Likewise the foreclosure action would be entered on the borrower's credit report and would remain for the required 7 years. As noted, the best option would be to seek legal advice, as trying to sell property that is a potential danger without knowing the legal issues involved would not be advisable.
Are there foreclosures in Ohio?
Yes there are some foreclosure close to your are there in Ohio. You can go to the website realtytrac.com to find the foreclosed homes that are coming up for auction in your area.
Whenyour home is in foreclosure can a bank auction it off at any price and leave you with the difference or are laws in place stating how much they can auction it for I live in Ohio?
They can sell it for $1.00 if it is a auction and you can be libel for a deficiency judgment.
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