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How long do you have to move out on a foreclosure?


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Answered 2009-03-05 18:00:55

That is usually determined by the laws of the state in which the residential property is located. In some instances the mortgage holder will refer to the terms of the original contract, but the homeowner can, ask assistance fromt he court if the alloted times greatly differ.


Related Questions

how long do you keep foreclosure papers

Strictly speaking, you can move out of state at any time after notice of a foreclosure or after the foreclosure sale (or entry for breach of condition in those states not requiring an auction or sale). It would be nice if you gave the keys to the law firm or other foreclosing entity, but it's not required.

i live in SD and my home was sold in foreclosure,how long do i have before i have to move out of it.

in new york how long can you live in your house once foreclosure starts

I will be a hearing on Tuesday, 10/23 for a Strict Foreclosure. Once granted, how long will I have to get out of the home?

My house is going through foreclosure. My biggest need is money to move and finding a place to rent.

A foreclosure will typically remain on your credit report for seven years.

The lis pendens is usually filed at the beginning of the foreclosure lawsuit. If you don't answer the foreclosure complaint, a default judgment will be entered against you, and foreclosure will take place in about 90 days. If you answer the lawsuit, the foreclosure can take a year or more to occur.

Foreclosures remain on your report for 7 years. It is difficult to get a foreclosure removed.

The foreclosure sale will function to terminate the lease. However, until the foreclosure sale takes place, the owner is still the owner, and the lease remains in effect.

It depends on where you live.

It depends upon the terms of your lending/mortgage contract and the laws of the state in which the property is located. The simplest way to find out is to contact your mortgage holder.

A foreclosure remains for a minimum of 7 years. In some states, it can legally remain for longer.

Under the Federal Protection for Tenants in Foreclosure Act, passed in 2009, the buyer at foreclosure must give the tenants 90 days to relocate. After that, in most states, the buyer must pursue a legal eviction.

Obtain legal help immediately. *That decision is not made by the lender, but rather by the laws of the state in which the property is located.

Usually a foreclosure will lower a person's credit score by 250 points, and sometimes by as many as 280 points. The foreclosure stays on a person's credit report for seven years.

When your home goes into foreclosure in California, the courts will give the homeowner a certain amount of time to move out. The homeowner can pay what is owed to keep the home.

Foreclosure is technically only a change of ownership, not possession. You may be able to rent from the new owner, or you may be evicted by the process applicable to your jurisdiction (e.g., 30-days notice to quit your occupancy).

The entire legal procedure for foreclosure is too long to reproduce here. You can review the procedure for Florida at the link below.

No, it probably is not illegal. Once you have the notice of foreclosure, then you should make plans to move. Some companies move faster than others, but basically if you are not paying for the housing, you have no right to remain in the house.

However long it takes the creditor to repost for foreclosure, foreclose, and then get a state court to evict you. It could take months.

When the property is sold at the foreclosure sale and the deed is made public record, the property is no longer yours and you must leave immediately. If you do not leave, the new owner can have you removed.

Foreclosure dismissal is a simple foreclosure challenge that can be filed to the foreclosure complaint even without an attorney.Added: A foreclosure dismissal is a court order dismissing a foreclosure action.

This varies depending on which state you live in. It is typically around 6 months from beginning of foreclosure to the end (when the property is sold at auction).

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