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The Foreclosure Laws in the State of California Adhere to Nonjudicial and Judicial Practices. Judicial Practices Involves Filing a Lawsuit. in a Nonjudicial Practice There Are No Court Proceedings.
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∙ 11y ago
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What are the laws governing bank foreclosure seizure and sale of homes in California?
Please see http://www.foreclosurelaw.org/California_Foreclosure_Law.htm. There you will find a summary of foreclosure laws in California.
Procedural requirements in a foreclosure of mortgage?
Foreclosure procedure is addressed by state statutory laws. You need to search online for "your state + foreclosure procedure".
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?
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.
What companies can assist a person with foreclosure laws in California?
The following companies can assist a person with foreclosure laws in California: Courts, Realty Trac, USA Government website, Home Loan Help, to name a few.
What is the redemption period for Virginia State?
There is no redemption period for the state of Virginia. http://www.realtytrac.com/foreclosure-laws/Virginia-foreclosure-laws.asp
What are the basic for Foreclosure process?
Foreclosure laws vary from state to state and also between lien theory and title theory states. You need to research your particular state.
What are your rights during a foreclosure on your home?
It actually depends on your state, as the foreclosure laws are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure.
If your home is going to foreclose.but you have not been served an eviction notice. how much time do they give in California?
It would depend on the stage of the foreclosure and the laws in the state in which your property is located.
Who conducts the foreclosure sale?
State laws vary but the foreclosure sale is usually conducted by a licensed auctioneer chosen by the lender.
What is the foreclosure process on your house?
That depends on your state. The laws for foreclosure are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
How long can you stay in your home after foreclosure?
Foreclosure and eviction laws vary from state to state, so the answer to this question might be different in each state. In you were in California and you were the borrow/owner, the new owner could serve you with a 3-Day Notice to Quit at any time after the foreclosure sale. If you did not voluntarily leave, then the new owner could file an eviction lawsuit against you and eventually have the local sheriff remove you involuntarily. This process could take up to a month, sometimes more. The laws of your state might be different.
Explain the foreclosure process?
The process varies depending on state. For more information, visit http://www.realtytrac.com/foreclosure-laws/foreclosure-laws-comparison.asp. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
