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How long does it take if the taxes on your house have not been paid for the state to take it if it has not been paid in four years and you still are not making payments?
Wiki User
∙ 11y ago
That's something the state law where the property is located determines. Another factor would be the amount of taxes owed compared to the value of the property. For example, most judges would not let the state seize and sell a home that was worth if there is a gross disparity between taxes owed and what the assessed value of the property.
Wiki User
∙ 11y ago
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Am you considered a homeowner if you are still making mortgage payments?
Yes
A temporary postponement of payments or making smaller payments while interest is still accruing is called?
deferment
What are the steps in a foeclosure in California before you get the boot out of your home?
The bank has to successfully file to foreclose your home. You still have a period to redeem your house by making payments before the sale.
If the borrower cannot make the payments but the cosigner does can the mortgage company still take the house?
Not if the cosigner has been making the payments on time. But often the cosigner doesn't know the loan is in default until it is past due 30 days or more, so if you have received two or three (depends on state laws) Right To Cure Default letters, the bank can foreclose.
If you make payments every month can you still lose your house?
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
If you own your car or house and are no longer making payments should you still have insurance on them?
If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.
Is it illegal to take a car out of state when you are still making payments on it?
Not as long as you continue to make payments on it.
Is it illegal to sell a car when your still making payments on finance?
No its perfectly legal and if you are still making payments on it, that increases values.
If your house was not reaffirmed before your ch 7 was dismissed does your mortgage company have the right not to show on your credit reprt that you have a house and are making payments?
Yes. Failure to reaffirm means that you cannot be sued to recover a deficiency. You can still make the payments.
Can you be allowed to keep your home if you are disabled and can no longer pay if your file bankrupt?
Since you mention making payments, i will assume you do not own your home outright. If you cannot afford the mortgage payments, the lender will foreclose. Regardless if you are disabled or not. However, you would still able to receive any money (up to your state exemptiom amount) from the sale of your house after the lender is paid off. If you have no equity, then you will surely lose the house if you make no payments.
Am you considered a homeowner if you are still making mortgage payments?
Yes
A temporary postponement of payments or making smaller payments while interest is still accruing is called?
deferment
If your car is in the shop but you are still making payments can they repo the car?
Not as long as the payments are current and have remained so.
How can you find out if the bank still owns your car if you never registered the car in your current state?
If you possess the title, then you own it. If you've been making the payments, you should know whether or not you've defaulted on them. If you haven't finished making the payments, the financier owns that vehicle.
What are the steps in a foeclosure in California before you get the boot out of your home?
The bank has to successfully file to foreclose your home. You still have a period to redeem your house by making payments before the sale.
If the borrower cannot make the payments but the cosigner does can the mortgage company still take the house?
Not if the cosigner has been making the payments on time. But often the cosigner doesn't know the loan is in default until it is past due 30 days or more, so if you have received two or three (depends on state laws) Right To Cure Default letters, the bank can foreclose.
If you make payments every month can you still lose your house?
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
