0
If a person owns 2 homes and 1 home is in the process of foreclosure can both homes be legally taken away?
Wiki User
∙ 16y ago
It depend. Legally one home will be taken awey. Both can be taken if you are not living in neither home.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What happens to homes in foreclosure?
The homes in foreclosure are sold at auction after notice and publication of the date, time and place.
Can your mortgage lender sell you a home they own?
Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.
How many homes in Florida are in foreclosure?
Millions
What is a sherriff?
Homes in foreclosure are sold at a sheriff's sale on the last day of the process. This is what ends the foreclosure process. Jusrisdictions vary widely in terms of how the sales are conducted, but they are public events and you should be able to find out about them in your area.
Where can one find listings of homes in foreclosure?
Listings of homes in foreclosure can be found on Realty Track, Bank of America, Home Finder, Zillow, Orlando Sentinel, Home Path, Real LePage and Alabama Foreclosure.
What are some house repossions companys?
Homes are foreclosed on by the lender. The title to the property is obtained by the lender in the foreclosure process and then the tenant is evicted by legal action.
Who is the saint that protect homes from foreclosure?
Saint Bankruptcy
Where can one find a list of foreclosure homes in Arizona?
One can find a list of foreclosure homes in Arizona from the following sites; Bank of America Home Loans and mortgage's Arizona foreclosure, Phoenix, AZ foreclosures, and Ushud site.
If foreclosure homes are sold at auction how are realtors selling foreclosure homes - Do they purchase the homes themselves or are they attempting to sell before the auction - How does this work?
the owner who is in foreclosure is attempting to sell the house before the foreclosure goes through. this is completely legal. if they want to sell the house for less than the amount that is owed to to the holder of the mortgage they will need to get the mortgage holders agreement.
What is the rate of foreclosure on Indianapolis homes?
Indianapolis has a fairly high foreclosure rate. As of first quarter 2011 the rate was about 1 in 500 homes. That's one of the highest rates in the country.
Is there a guaranteed way to stop a foreclosure?
No, there is no guaranteed way to stop a foreclosure. In order to prevent a foreclosure, you can just pay your mortgage on time and you can read about it at hud.gov/homes/homesforsale.cfm
What is the foreclosure rate in Inglewood California?
1 in 3267 homes in Inglewood, CA received a foreclosure filing in August 2009.
