You are responsible for all debits to the Association and Mortgage holder until the unit is sold.
If the unit is sold the New owner get to pay your bad debit, the mortgage company will hold you responsible for any difference between the sales price and what is owed.
Since trespassing is a legal matter, you are best advised to contact your local police authority if you either want a definition of trespassing or want to press charges of trespassing.
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
No the bank owns the house.
bank owned homes are homes that have been foreclosed by a bank.
Your name on the title implies that you own the condominium. Unless during the probate of her estate, there was a different disposition of the property, you own it. Not only are you responsible for the mortgage, you're also responsible for the monthly assessments. Not paying either of these debts will --sooner or later -- mean that the property will be foreclosed upon, sold and monies used to repay the mortgage and -- if the association has filed a lien -- the past-due assessments.
Till the cops evict you.
loss migitation
Information on homes which have been foreclosed in Connecticut can be found on many websites of financial institutions. Bank of America has a complete listing of homes on their website for homes which mortgages have been foreclosed on in Connecticut and other states.
A list of foreclosed homes is easy to understand. It will provide you the address and contact information for homes that have been foreclosed on. If the homes are for sale, the list will indicate what the bank is asking for the home.
As an owner, it means that your title to your unit is 'clouded' -- your title is encumbered/ not clear -- by the amount of your assessments past due and accumulating, that remain unpaid. A lien may also appear on your personal credit report if the title is in your name.
Ray Condo was born on May 16, 1950 and died on April 15, 2004. Ray Condo would have been 53 years old at the time of death or 65 years old today.
Yes, certainly, if you have the cash to do it. Better late than never.