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Could the mortgage company payout a judgment with the equity in the house without notifying me?
Wiki User
∙ 15y ago
Yes. If you applied and were approved for an equity credit line mortgage and there was an existing lien on your property, the mortgage company was obligated to pay the lien before disbursing any funds to you. That is the purpose of recording a lien against a debtor's property. You can't sell, refinance or receive a disbursement from a credit line without paying the lien. It must have been discussed with you at some point during the transaction- when it was reported to the bank by the title examiner.
Wiki User
∙ 15y ago
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Can a company charge your credit card for a renewal without notifying you?
Yes
If a mortgage loan is in the husbands name only can he make changes without notifying the wife?
Yes, he can. Legally the wife has nothing to do with the property.
Is the due on transfer clause in the deed of trust used by lenders to prevent sellers from conveying the property without notifying the lender?
Yes. The owner has no right to sell the property without notifying th bank. The present owner applied for the mortgage and was approved after a lengthy process. If that owner sells the property the lender wants its money back.
What guarantees may a mortgage company insist on?
Lenders can require a variety of conditions such as:that you live on the propertythat you pay your property taxes to the lender so it can make certain they are paidthat you not make changes to the title without notifying the lenderthat if you breach your agreement the lender can accelerate the loan payment
Can the mortgage company take your house without the deed?
By definition a mortgage is secured on the deeds of the house. They will have the deed (or officially have their name legally registered for the property) if they have given you a mortgage.
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.
Can an attorney put a lien on your home without notifying you?
YEP!
Can a mortgage debt from foreclosure be leined against a vacation home?
The answers on this depend greatly on the state the home is in, whether or not the home that was foreclosed was an investment or primary residence, and what type of mortgage debt you're referring to. If you can clarify these points I will be better able to answer your question. No matter what the answer, no lien can be placed on your other property without a court judgment. Whether or not the mortgage company can take you to court over the debt is what depends on the facts mentioned above.
Is a cosigner liable for the balance of a repossessed vehicle if the loan company auctioned it without notifying them?
READ your contract you signed. Call a local attorney for state specific legal advice.
Can credit card companies lower your limit without notifying you?
Yes
Can someone remove a car from private property without asking owner to remove it himself not a repossession company?
The owner of the property where the vehicle is located can remove it/ have it removed, in most cases without the necessity of notifying the owner of the vehicle.
Can a bank put a second mortgage on a property without notifying the owner of the property?
In most states and with most banks, the answer is no. It can get complicated in a couple of states though. I am aware of several cases where a more that one person was on title for a home. Only one of them applied for and received a second mortgage, the other was not aware.It is best to check on your state laws.If you are the only one on title, I can not see this happening with a 2nd mortgage.
