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How do you find out if the house you're buying on contract is being foreclosed when the owner won't tell you?
Wiki User
∙ 12y ago
Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.
Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.
Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.
Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoHave your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.
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How many house payments can one miss before being foreclosed?
If it is not specified in the contract then it is likely at the descretion of the lender.
Can you buy a house for cash if your house is being foreclosed on?
Yes you can
What has the author Theodore J Dallow written?
Theodore J. Dallow has written: 'How to buy foreclosed real estate for a fraction of its value' -- subject(s): Foreclosure, House buying, Real estate investment 'How To Buy Foreclosed Real Estate' -- subject(s): House buying, Real estate investment, Foreclosure
What does the real estate standard contract default rate mean?
The real estate default rate is the rate of borrowers that fail to remain current on their loans. When a homeowner is in default, their house may be in danger of being foreclosed on.
What should one know before buying foreclosed properties?
Before buying a foreclosed property, one should have a rough estimate of how much they will pay for the house, by checking the prices of recently sold properties in the area. The buyer should also research the area, the house itself, to check for any problems, and should have the finance for the purchase ready before making an offer.
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.
Can you buy a house for cash if your present house is being foreclosed on?
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.
Can you rent a house you were foreclosed on?
No, I can't
Buying a house on contract?
Sometimes it is more practical if you purchase a house under contract for it can soon be yours while renting it. This is also known as rent to own houses.
If a house is being foreclosed on but a divorce happened who does it effect?
If both names are still on the loan, it effects both people.
What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
What to do if you still owe money a house your buying on contract for deed?
Take a loan from the bank...........
