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No. At least, you are not usually not responsible for anything except getting out of your house in foreclosure in this state. Once your house is foreclosed, it ceases to be your house and belongs to someone else. You then become a guest in someone else's house. It is that persons responsibility to take care of the house.
What else can I help you with?
Can you put a house for sale in foreclosure?
You can put a house up for sale in foreclosure, but the foreclosure process could happen before the house sells. It doesn't make any sense, if you would like to sell the house, do so before foreclosure.
Who is responsible for a property still in the foreclosure process once you vacate the premises?
You are responsible for the property during the foreclosure process up until the property is sold or auctioned.
How do you know if a house listing is in foreclosure?
You find out if a house is in foreclosure when it up for sale by calling the housing agent. They should be able to provide this info to any interested buyers.
What part of speech is the word boarding?
He is boarding up the windows to prepare for the storm. (verb)I will rent a room in the boarding house. (adjective)The cruise ship will be boarding this evening. (verb)
What if your daughter bought a home with her grandmother as a co-signer she now faces foreclosure should she file chapter 13 bankruptcy how does all this effect her grandmother?
If the house is headed for foreclosure, anyone on the title and the mortgage is facing foreclosure, not just one of the owners. If the daughter was responsible for the mortgage payments by agreement with her grandmother, and got behind in payments, she may be able to pull the mortgage out of foreclosure by a Chapter 13, if she can afford the plan payments and the current mortgage payments. If the Chapter 13 cannot succeed without financial input from the grandmother, it will be up to her to let it go forward and lose the house. Either way, the fact that the house is in foreclosure will affect her credit score.
My step-son bought a house and your deceased husband has is name on the loan they put the house up for collateral the house is in foreclosure. The deed is joint tentancy. Will i be responsible.?
since the deed is in joint tenancy,to my understanding, the deceased name will come off the property once the death certificate is recorded in that county for the deceased,if I am understanding the question right.If the house is in foreclosure,the first person with the first lien against the property will be paid first at the time of the actual sale of the property.
Can you evict tenants for nonpaiment if house is being forclosed?
Right up until the foreclosure sale, yes.
We filed chapter 7 bankruptcy. When can the bank take the house?
When you either voluntarily give up the house or you stop making payments (foreclosure).
When the bank forecloses are you responsible for paying for home hazard insurance?
When the bank takes possession of the house after the foreclosure process is complete, then you can cancel the hazard insurance for your home. It is wise to keep it going should anything unforeseen happen to the house, since you could end up owing more.
Do you need to file banckruptcy before foreclosure?
No, but if you file bankruptcy you are willing to give up important things. Such as cars , money , boats, or anything value. That would help not having a foreclosure but it would take 2 years to get out the house if you recieve a foreclosure.
Who is responsible for hoa fees when foreclosure occurs?
The titled owner is responsible for HOA assessments, whether it be the fore-closed-up owner or the bank -- when the bank takes over title to the property.
If your house in foreclosure and is up for sale can it still be forclosed on by the lender?
Yes, the act of listing your home for sale will not stop or stall the foreclosure proceedings. Homes can be listed for sale for months and even years.
