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Foreclosure is preceeded by you having not paid on your mortgage not your ability to pay.

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14y ago

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Related Questions

Can a secound mortgage company make you pay for the mortgage if the owners my parents both past away?

No. They cannot "make" you pay the mortgage. However, if the mortgage isn't paid the lender can take possession of the property by foreclosure. If you want to keep the premises you must arrange to pay the mortgages.No. They cannot "make" you pay the mortgage. However, if the mortgage isn't paid the lender can take possession of the property by foreclosure. If you want to keep the premises you must arrange to pay the mortgages.No. They cannot "make" you pay the mortgage. However, if the mortgage isn't paid the lender can take possession of the property by foreclosure. If you want to keep the premises you must arrange to pay the mortgages.No. They cannot "make" you pay the mortgage. However, if the mortgage isn't paid the lender can take possession of the property by foreclosure. If you want to keep the premises you must arrange to pay the mortgages.


Can a mortgage borrower apply for court foreclosure?

No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.


What is a nonrecoverable attorney fee for foreclosure?

A non-recoverable attorney fee in foreclosure is a fee for work performed by the attorney (usually the bank's attorney) that the bank has to pay for but cannot pass on to the mortgagor.


How do you stop foreclosure on deceased person's home?

You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.


Do you have to pay something in a home foreclosure?

no


Will my credit be affected by my deceased parents' home being in foreclosure since I am an heir?

No. You never agreed to pay the debt, therefore cannot be held responsible.


Do you have to pay the balance in a home foreclosure sale?

no


Do I have to pay to see foreclosure auction listings?

Not usually. Most local governments have foreclosure sale listings on their websites.


Is there a guaranteed way to stop a foreclosure?

No, there is no guaranteed way to stop a foreclosure. In order to prevent a foreclosure, you can just pay your mortgage on time and you can read about it at hud.gov/homes/homesforsale.cfm


What is caused when a landowner is unable to pay the debt on property?

Foreclosure


What is caused when a landowner is unable to pay the debt on a property?

Foreclosure


What is the ISBN of What We Believe But Cannot Prove?

The ISBN of What We Believe But Cannot Prove is 0060841818.