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MY HOUSE WAS JUST FORECLOSED BUT I MOVED OUT 2 YEARS AGO BECAUSE I ME AND MY HUSBAND SEPARATED BUT HE STAYED. DUE TO ME MOVING I NEVER RECEIVED ANY NOTIFICATION THAT THE HOUSE WAS FORECLOSING AND MY HUSBAND SAID EVERYTHING WAS FINE. DO YOU THINK I CAN GET FORCLOSURE OFF credit report. I MOVED 2 TIMES AND JUST RECEIVED A LETTER 2 WEEKS AGO, BUT WHEN i CALLED BANK THEY SAID IT WAS TOO LATE. WHAT DO YOU THINK WILL HAPPEN IN THIS SITUATION.
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∙ 11y ago
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How long does it take a foreclosed house to get off your credit record?
A foreclosed home can take seven years before it is taken off your credit report. You can build your credit back up in about three years if you continue to pay all your bills on time.
Can the IRS withhold your refund if you recently had your house forclosed on?
The IRS cannot withhold the refund if your house is foreclosed on. However, if the mortgage debt forgiveness results in the IRS treating you as having more taxable income, it may reduce or eliminate the refund. If you've recently been foreclosed on, talk to a tax professional to see if it will affect your tax refund.
Does a house go into foreclosure for lack of homeowner payments?
At the discretion of the lender, a house can be foreclosed after a period of missing payments.
How would you know if the house is under foreclosure?
The house that is already foreclosed is a public record which means that you'll be able to find the foreclosure at the registry of deeds in your jurisdiction.If the foreclosure has not been completed you may find a notice to foreclose in the public records. However, in many cases the notice is all you will find. Lenders often hold back on recording a foreclosure until the property has been sold.
What happens to the direct deposit of my payroll if my house is foreclosed?
Nothing happens. You still get the money in your account. They just want the house, not your money.
How do you give a foreclosed house back to the bank?
When the bank foreclosed on the house, they took it back. Now it's time to move out.
If you pay the taxes on a house that has been foreclosed does that mean you own it?
No the bank owns the house.
How can you buy a house after it has been foreclosed and not sold at auction?
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
Can you rent a house you were foreclosed on?
No, I can't
Can you buy a house for cash if your house is being foreclosed on?
Yes you can
Can you buy back your home after it has been foreclosed?
Yes, certainly, if you have the cash to do it. Better late than never.
IF A HOUSE has been foreclosed what are the rules and regulations about going onto the property?
If a house has been foreclosed the lender has taken possession of the property and the borrower no longer owns it. Therefore the former owner has no right after the foreclosure to enter the premises. Arrangements to remove personal property should be made prior to the foreclosure sale.
How long does it take a foreclosed house to get off your credit record?
A foreclosed home can take seven years before it is taken off your credit report. You can build your credit back up in about three years if you continue to pay all your bills on time.
How do you know when a house is legally foreclosed?
I;m new to this but I'd say when they changed the locks on the house...
Has president Obama's house in Chicago been foreclosed on?
No, this is a myth that is mainly seen on websites that are identified with Republicans, or from bloggers who dislike the president. The fact-checking website snopes.com looked into the story and found that it was not only false, but it was originally started as a joke on a humor website; unfortunately, some people took it seriously. The house is still standing, it's in excellent condition, and it has not been foreclosed upon.
How do you report a person stealing from a foreclosed house?
Dial 911 and report the crime.
Does a house go into foreclosure for lack of homeowner payments?
At the discretion of the lender, a house can be foreclosed after a period of missing payments.
