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If your house is being repossessed how long to you have to be out?
Wiki User
∙ 14y ago
You'd need to check your local laws, since it's not the same everywhere; don't rely on the following information being correct for your location.
Generally speaking:
You should get a notice telling you the date on which the house will be sold (this will probably be called a Trustees' Sale or something like that). After that occurs, you'll receive a notice that it has been sold and specifying a date by which you must vacate the property. That date may vary depending on whether the people living in the house were the former owners themselves or someone renting the property from the former owners; the notice will probably give both dates if there is a difference.
If you do not voluntarily leave by the date specified, then you can be evicted. How long the eviction process itself takes can vary. The new owners may offer you an inducement to leave nicely, like "If you turn over the property in good condition within a week, we'll give you two hundred dollars." (This is usually called "Cash for keys", and if you do get such an offer, it will probably be considerably lower than the new owners are willing to go; you can probably negotiate for either more time or more money or both as long as you're reasonable.)
An eviction on your record looks very bad to prospective landlords, so you really want to avoid that if possible.
Wiki User
∙ 14y ago
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You want your house repossessed?
no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
What happens if your repossessed house is sold for less than what is owed?
You owe the difference I think.
How does a home get repossessed?
A home can get repossessed in many ways, the most common reason is that they owner of the house has not payed the bank the loan that they took out so as to by the house, or that the person hasn't pay many bills so they take the equivalent of the unpaid bills.
How many house payments can you miss before it is repossessed?
once you are 90 days down they can start with a foreclosure.
Can my house be repossessed if my husband is madebankrupt but is not on the deeds?
Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.
What happens if you get your car repossessed?
if i get my car repossessed, can they put a llien on the house?
What will happen if you refuse to move out of your house that is being repossessed?
The local sheriff will have you moved bodily if necessary. If it comes to that you may be arrested.
Can police refuse to release a repossessed car that they hold?
It depends on the reasons the car was repossessed and what the local laws are. If the car is being held as evidence or to be processed for evidence, it can be held as long as it is needed.
You want your house repossessed?
no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(
Can you get evicted in winter in Ontario when your house is being reposed?
If you are asking about a house getting repossessed the answer is yes. The bank doesn't care if it hot or cold, but they want the property so they can sell it. They will move you out.
Can they take your house to pay off a lean?
A lean is a deduction on how much you can pocket from the sale of your house or property. Having your house or property repossessed is a different matter. That normally comes from not being able to pay the mortgage.
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
What happens if a police officer's house is repossessed?
then theyre out of a home
When you rent and the house is gettin repo?
If the property is being repossessed, you should expect to have to vacate. That is because the owner no longer has control of the house he is renting to you. Alternatively, you can try to call the lender and make new arrangements.
Can a house be resolved and the arrears paid after it is repossessed?
It is possible to work out a deal with the bank after it is repossessed. However, a new loan or legal agreement will have to be signed.
Does a divorce decree keep a car from being repossessed?
No
