On the tv news, I have seen auctions on the front steps of a courthouse, but I am more familiar with foreclosed homes listed on the web. Years ago, I used to check the listings of foreclosed homes online. Some of the websites are free, and others costs $. I checked a search engine to come up with these. There are dozens of them: http://www.foreclosure.com/ http://www.hudforeclosed.com/ http://www.hud.gov/homes/homesforsale.cfm
When the bank foreclosed on the house, they took it back. Now it's time to move out.
No, I can't
Yes you can
You will have to vacate the premises.
How long do you have to move out of a house that has been foreclosed on in Texas
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
No the bank owns the house.
I;m new to this but I'd say when they changed the locks on the house...
Dial 911 and report the crime.
At the discretion of the lender, a house can be foreclosed after a period of missing payments.
I would think so. Though the bank should be using all means possible to get that cash from you to pay for your currently foreclosed house. Even if they don't, paying in full with cash for anything will always be accepted.
No. That may complicate the situation.
There are multiple steps one should take when buying a foreclosed house. One should get pre-approved for a mortgage, compare sale prices of similar homes, find an agent that specializes in foreclosed homes, and inspect that house before purchasing.
No. Not unless the lender sues you for the deficiency and wins a judgment in their favor.
Nothing happens. You still get the money in your account. They just want the house, not your money.
No,a foreclosure house is quite risky and you should not buy it . if you are looking to boy a house there are some Homes for sale in Montgomery, AL
Yes if thelandlord accepts you as a tenant
Check the laws in your state, but NO, they cannot. Your old house secures the mortgage on THAT house. Nothing else.
Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.
Yes you, can. When a house gets foreclosed, it is based on the house itself, not its personal furniture and items.
Yes, it is their house now, not yours.
You already los your house, the BK doesn't effect the past. Now you'll lose most anything else.
Michigan allows a 6-month redemption period after the house goes to Sheriff's Sale, also known as foreclosure auction. The owner of the foreclosed house can continue to live in the house during that time. At the end of the six-month period, the bank expects the owner to move out and will serve an eviction notice if the owner is still in the house.