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My husband and I each purchased land in California. We live in another state. The properties are about to go into foreclosure. Which states foreclosure laws will apply?
Wiki User
∙ 14y ago
Regardless of where you live, the state the property is located in will have law jurisdiction. If the property is in CA, then CA law will apply to the property when it goes into foreclosure.
Wiki User
∙ 14y ago
Foreclosure laws typically apply based on the location of the property, so in this case, California's foreclosure laws would likely apply to the properties you both purchased in that state. It's important to consult with a legal professional in California to fully understand the implications and processes involved in the foreclosure proceedings.
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Which US states allow deficiency judgments?
Most US states allow deficiency judgments, which allow lenders to pursue borrowers for unpaid debt remaining after a foreclosure or short sale of a property. Some states have specific laws regulating deficiency judgments, such as limitations on the amount that can be pursued or requirements for the lender to apply for the judgment within a certain timeframe. It is important to consult with a legal professional in your state to understand the specific rules and regulations regarding deficiency judgments.
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The attorney that represented you in your divorce is now representing your mother against you in a forecloser can he do that?
It may present a conflict of interest for the attorney to represent both you and your mother in a legal matter involving two parties with opposing interests. You may want to raise this concern with the attorney or seek advice from another legal professional on how to proceed.
Can it be a crime to verbally abuse another person in California?
Yes, in California, verbally abusing another person can be considered a crime under certain circumstances. This may fall under harassment or hate speech laws, especially if the abuse is targeted at someone based on their protected characteristics such as race, religion, or gender. It's important to be mindful of the impact of your words on others and to communicate respectfully.
Regarding squatter's rights who has the right to property that has been maintained for years in a foreclosure sale?
In a foreclosure sale, the property would typically be sold to satisfy the debt owed to the lender. The previous owner, including squatters, generally do not have a legal claim to the property if they do not hold title or a valid lease agreement. The new owner from the foreclosure sale would have the rights to the property.
How soon can you buy another home after foreclosure?
3 years
Can you purchase another house if your house is not in foreclosure?
mo ney
What happens when you own a home with your partner who is in foreclosure on another home?
Nothing happens to you.. It wont affect you anymore that it affects me... LOL But your partner will have a foreclosure on their Credit Profile. You are responsible only for the payment history on any loan with your name on it. The Foreclosure that your partner suffered shows only on the foreclosed party's credit bureau. You probably won't want to use that person as a co-borrower for a while. No mater what the type of Lender you apply to, you will have a rate and or fee add-on; due to the partners previous foreclosure. Trenton "Trent" Sims California Broker 310.422.0435, 310.807.9230 Tsims@Green PlanetFunding.com
Can I Transfer a mortgage in foreclosure to another name?
No. You have no authority to transfer a mortgage unless you are the lender. The lender can assign its rights under the mortgage to another lender. If you are the owner of the property transferring the property to another will violate the terms of the mortgage and may incur added expense to the foreclosure costs.
What can be done after a foreclosure sale?
you could buy another house or sue the people and ask why are they doing this
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physical
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Where to Find Bank Foreclosure Properties?
With so many homes being foreclosed, there are a lot of bank foreclosures available for sale. Buying a foreclosed home can be a great deal if you are careful, but first you have to find a home to buy. That’s not a problem if you know where to look. Keep reading to learn how to find bank foreclosure properties. The first place to look for foreclosures is in the regular real estate listings. Banks list properties with real estate agents just like other sellers. You can find bank foreclosed properties by searching the MLS listings on real estate websites or by asking your Realtor to help you find them. However, in many areas there are professional real estate investors looking at those same listings. If you want to find the really good deals, you need to make friends with the real estate agent who handles most of the foreclosure listings. Try to make arrangements for the Realtor to call you when a new listing comes in so you can look at the property before the listing hits the MLS. Another way to find bank foreclosure properties is to look on the banks’ websites. Many of them have lists of properties that the bank is offering for sale. Look for a link that says REO or real estate owned. That is what banks call their foreclosure listings. If you want to have a shot at buying a foreclosure before the bank lists it with the Realtor, you need to watch for foreclosure auction listings in the legal section of the newspaper. In most areas, the bank must attempt to sell the property at auction before taking ownership. These auctions usually take place either at the property or in front of the county courthouse. If you plan to buy a home at auction, make sure you have your financing in place ahead of time. You will probably have to put down a sizable payment in cash or cashier’s check the day of the sale with the balance due a short time later. Regardless of how you find the property you decide to buy, make sure to inspect it as thoroughly as possible before buying. Foreclosure properties often have damage caused by neglect or vandalism. Make sure you take into consideration the cost of any needed repairs when making your bid.
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Another term for database properties?
metadata
What is another term for document properties.?
metadata
