0
What are my rights as a secondary heir in my father's estate if his real estate goes into foreclosure?
Wiki User
∙ 14y ago
The banks claim is superior to yours because your father conveyed the property to the bank when he granted the mortgage. You would be entitled to any surplus after the bank deducts its debt, costs and expenses of foreclosure.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is a Home Foreclosure?
Foreclosure is to shut out, to bar, to extinguish a mortgagor's right of redeeming a mortgaged estate. It is a termination of all rights of the homeowner covered by a mortgage. Foreclosure is a process in which the estate becomes the absolute property of the lending institution.
Does adult child have rights to fathers estate in Canada?
An adult child is a natural beneficiary to an estate. If there is no will, and there is no spouse, they are likely to get the estate.
In NY state does a child that was adopted by another man have rights to biological fathers estate with no will?
no
What rights do you have if you have resided on your deceased fathers land for twelve years with his permission can you claim this property as your share of his estate?
You can certainly request that it be your share of the estate. There is no specific right to the property.
What do you file if your sister wants to give up her rights to your fathers estate?
If your father is deceased, it is a refusal to accept any proceeds.
How long can you remain in the home after the foreclosure?
Real estate laws are established by the state in which the property is located. The foreclosure notice will contain all information concerning the property being vacated, sold, and whether or not the borrower has redemption rights to the property.
If your birth father allowed your stepfather to adopt you do you have rights to your birth fathers estate?
If your birth father allowed your step father to adopt you, you do not have rights to your birth father's estate where I am sitting; however, 10 feet behind me you do. See a lawyer.
How do you make a sentence with the word foreclosure?
The purchaser at the foreclosure sale has only the rights of an assignee
Can Foreclosure wipe out a secondary judgment lien on the property?
A foreclosure wipes out any liens that were recorded subsequent to the mortgage. However, the lender must give notice to the IRS if a tax lien has been recorded against the property. If not notified the IRS has certain rights that may encumber the property after the foreclosure sale. Delinquent property taxes are not wiped out.
What is the possessive noun phrase of the rights of fathers?
The possessive noun phrase is the fathers' rights.
What is the possessive noun phrase for the rights of fathers?
The possessive noun phrase is the fathers' rights.
If your lien is in third position and the house goes through foreclosure do you lose your lien rights?
Yes. A foreclosure of a senior lien will eliminate your interest. I suggest you see a real estate attorney right away if you are facing such a situation (see the phone book for lawyers who offer "free consultations").
