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forclosure redeemed means that in the process of the mtg company forclosing on a property, the property owner was able to pay off the full amount due, therefore stoping the forclosure process
The generic way to avoid forclosure is to refinance or get an additional loan float to keep the home from forclosure. This allows the individuals to maintain in their homes as well as allows the banks to receive a higher yield, versus the forclosure amounts.
Can there be a deficiency judgment on a mortgage forclosure in virginia?
it depends up on your area, there are so many tax forclosure or tax leins.
in getting my mrotgage caught up i had to pay a fee of 1400 dollars for forclosure fees, can i write them off on my tax return
i would also like to know as my husband is disabled fighting ssi and we are living off my pay. we have been unable to make our payments on our home and are nearing forclosure. i heard that the gov will be able to refinance those facing forclosure have you heard if this is true?
Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure. Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure.
Not in the forclosure, but if the foreclosure doesn't pay off the entire accumulated debt, then they can go after other assets, like the money market.
Forclosure.
I think it is safe to say that a forclosure of any type will destroy your credit worthiness. A home lone should be the last possible thing you let slide.
From what I have gathered so far, a forclosure is the worst thing for your credit next to bankruptcy, and a deed in lieu is just better than a forclosure.
How to keep ticket off record.