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What else can I help you with?
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 rent a house you were foreclosed on?
No, I can't
How long does it take a foreclosed house to get off your credit record?
A foreclosed home can take seven years before it is taken off your credit report. You can build your credit back up in about three years if you continue to pay all your bills on time.
Can you buy a house for cash if your house is being foreclosed on?
Yes you can
How can you buy a house after it has been foreclosed and not sold at auction?
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
Is a person responsible for paying liens on a house that has been foreclosed?
I believe that a lien on a property stays with the property, not with a person. The purchaser of the property will be responsible for any liens to get a clear title.
If you pay the taxes on a house that has been foreclosed does that mean you own it?
No the bank owns the house.
How do you know when a house is legally foreclosed?
I;m new to this but I'd say when they changed the locks on the house...
Can a house be foreclosed on if you have only signed a costruction loan but no final loan aggrement?
The answer is Yes, the construction loan is considered a regular mortgage. So if you stop paying the mortgage, it will forclose and show on your credit report.
Can you get my house back if it's been foreclosed on?
MY HOUSE WAS JUST FORECLOSED BUT I MOVED OUT 2 YEARS AGO BECAUSE I ME AND MY HUSBAND SEPARATED BUT HE STAYED. DUE TO ME MOVING I NEVER RECEIVED ANY NOTIFICATION THAT THE HOUSE WAS FORECLOSING AND MY HUSBAND SAID EVERYTHING WAS FINE. DO YOU THINK I CAN GET FORCLOSURE OFF CREDIT REPORT. I MOVED 2 TIMES AND JUST RECEIVED A LETTER 2 WEEKS AGO, BUT WHEN i CALLED BANK THEY SAID IT WAS TOO LATE. WHAT DO YOU THINK WILL HAPPEN IN THIS SITUATION.
What happens to your credit if your house was foreclosed?
It depends on how a mortgagee's credit was before the foreclosure, but a drop of several hundred points is common. Foreclosure makes its greatest impact for the first three or four years and remains on a report for seven.
Does a house go into foreclosure for lack of homeowner payments?
At the discretion of the lender, a house can be foreclosed after a period of missing payments.
