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The new home owner changed locks on your foreclosed home is this legal?
Wiki User
∙ 14y ago
Yes, it is their house now, not yours.
Wiki User
∙ 14y ago
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Are property taxes owed on a foreclosed property by the owner?
The current owner yes, not the one foreclosed on. (And the past owner owes the one that foreclosed for any tax that was due for the period that owner had it).
Where can one learn more about foreclosed property?
Foreclosed property is a legal term for when a lender tries to get their outstanding loan paid. The property owner defaults on payments so the property needs to be recovered.
Who do you sue if you were assaulted on a foreclosed property the foreclosed owner or bank who owns?
They aren't responsible, how about the person who told you to be there or the person who assaulted you. Maybe nobody. The bank is the legal owner of the property. The former owner has no rights to the property and therefore is not liable. But the first person you should sue is the person who assaulted you, unless they assaulted you in relation to trespassing on a foreclosed property, in which case, you have no case. Consult a Lawyer.
Is the bank liable for Taxes and HOA fees on foreclosed homes in Florida?
The titled owner is responsible for taxes and assessments: if such an owner is a bank, the bank is responsible.
What are the disadvantages of buying a foreclosed property?
The only two disadvantages in buying a foreclosed property: #1. Tou have to put a mandatory 10% down. #2. The property may have some minor damages due to the prior owner being upset of being foreclosed upon.
Does the furniture go with the condo you foreclosed on?
In a foreclosure ONLY the real estate is affected. Unless the condo was originally purchased fully furnished - the furnishings are the personal property of the owner who was foreclosed on and are not subject to seizure by the lender.
How do you become an owner of a foreclosed place as a squatter?
In most states squatting is illegal. If there is a property that is foreclosed and vacant and someone wants to purchase the property they need to contact the bank that owns the property and put in an offer.
What happens if a person moves into a forclosed home without permission?
Moving into a foreclosed home without permission is considered illegal trespassing. The rightful owner or bank can take legal action to evict the person from the property. It's important to obtain proper permission or go through the appropriate channels to occupy a foreclosed home.
If new home owner started eviction but changed locks what do you do?
Call the police in most cases. This type of action is called an illegal eviction. He cannot change locks until a judge has issued a writ of possession of property, and only if he hires a deputy sheriff to remove you from the premises.
How long can you live in a foreclosed home in Michigan?
Michigan allows a 6-month redemption period after the house goes to Sheriff's Sale, also known as foreclosure auction. The owner of the foreclosed house can continue to live in the house during that time. At the end of the six-month period, the bank expects the owner to move out and will serve an eviction notice if the owner is still in the house.
Can you have your name on the deed of a property that you are only living in?
Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.
Can a someone who is not an executor change the locks on a house if they own a quarter of the house?
Yes, a co-owner can typically change the locks on a house that they co-own without the permission of the executor. However, it's important to review any legal agreements or documents related to the ownership of the property to ensure there are no restrictions on making such changes. If in doubt, consulting a legal professional is advisable.
