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Q: Is equity lost after a home goes into foreclosure?
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What is a pre foreclosure home?

A pre-foreclosure home is a home in which the owner is in immediate danger of losing their home, possibly due to unpaid loans or mortgages, but has not lost it yet.


A house that is lost to foreclosure has been?

taken back by the lender


You lost your home to foreclosure how do you get it back?

The best way to get your home back is to have the foreclosure documents analyzed. That's what i did. My house was foreclosed on and I heard that judges awarding foreclosures without the homeowners having much defense. I live in a Trustee state which is even worse for homeowners because there is no judge involved. It's simply a court recording. So, a friend told me to contact Lighthouse Consulting Group, i did, and they looked over my foreclosure documents and preformed a Trust Deed Verification audit and it turned out the the Foreclosure process was not done incorrectly. My sale was reversed. Then, I went one step further and had Lighthouse perform a securitization audit and that turned-out that the foreclosing party didn't have the legal right to even begin the foreclosure. This whole foreclosure situation is a mess and if your on the verge of losing or have lost your home call Lighthouse Consulting Group 800-678-0419


Bankrupt a home equity loan?

If you lost the home or no longer own it you can do chapter 7 (if eligible) and have this debt eliminated. If you are still in the home and want to keep the home but reduce or eliminate the second look at a Lien strip through Chapter 13.


Can a home equity loan be refinanced without refinancing your main mortgage?

Yes, if the individual has an outstanding credit history AND the equity in the home is still high enough to support the second mortgage. There are certain interest rate environments that warrant refinances and the current environment, with rates as low as they have been in decades, represents one. The difference, however, vs. other low rate environments is that homes have lost a significant amount of value, putting new and even a subset of existing home equity lines of credit in jeopardy.

Related questions

NC If a judgment has been filed against you for a home equity loan on a house that has been lost to foreclosure how long is that on your credit record and can the judgment be refiled once it expires?

7 years,and can be refiled


What is a pre foreclosure home?

A pre-foreclosure home is a home in which the owner is in immediate danger of losing their home, possibly due to unpaid loans or mortgages, but has not lost it yet.


What is a bank foreclosure?

It when your mortgage to the bank has been defaulted on and they decide to take back your home to compensate for their lost money.


How do I avoid foreclosure on my home when I have lost my job?

There is only one way to avoid foreclosure - make your payments. Any other method merely delays the inevitable. In extreme cases, depending upon the state you live in, bankruptcy can temporarily stop the foreclosure process while you get back on your feet.


A house that is lost to foreclosure has been?

taken back by the lender


Can you have back title of home after bankruptcy discharge?

If you lost the title through foreclosure or abandonment in the bankruptcy, probably not, but it depends on a number of factors. Consult a lawyer in your area.


You lost your home to foreclosure how do you get it back?

The best way to get your home back is to have the foreclosure documents analyzed. That's what i did. My house was foreclosed on and I heard that judges awarding foreclosures without the homeowners having much defense. I live in a Trustee state which is even worse for homeowners because there is no judge involved. It's simply a court recording. So, a friend told me to contact Lighthouse Consulting Group, i did, and they looked over my foreclosure documents and preformed a Trust Deed Verification audit and it turned out the the Foreclosure process was not done incorrectly. My sale was reversed. Then, I went one step further and had Lighthouse perform a securitization audit and that turned-out that the foreclosing party didn't have the legal right to even begin the foreclosure. This whole foreclosure situation is a mess and if your on the verge of losing or have lost your home call Lighthouse Consulting Group 800-678-0419


What happens in the end of the Peter Pan book?

Wendy goes home and the lost boys find parents and peter pan goes back to neverland


Bankrupt a home equity loan?

If you lost the home or no longer own it you can do chapter 7 (if eligible) and have this debt eliminated. If you are still in the home and want to keep the home but reduce or eliminate the second look at a Lien strip through Chapter 13.


When does Leo find bunker 9 in the lost hero?

Leo finds Bunker 9 in "The Lost Hero" when he is exploring Camp Half-Blood and stumbles upon it while trying to find a place to work on his projects in peace.


What does it mean when debt to equity is -345 percent instead of 345 percent?

Probably means that your debit, negative value of whatever, is a negative percentage as compared to equity, value, in whatever. Say you owned a home that you own free and clear and you put big bucks into it and expected it's value, equity, to be greater than the money you put in ( or the same value ) Then this crash came along and your home lost value and if you sold it you would be down - 345 percent of the equity. Bad example,but somewhat telling.


What is the benefit of shareholders equity?

Shareholders' equity (also referred to as stockholders' equity) refers to a funding source available to companies to conduct business activities. It preserves valuable cash flow. In addition, this equity can be lost without legal ramifications.