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You can only recover what the loan was for--house, land and so on.
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∙ 16y ago
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What will happen if you stop making your mortgage payments?
The lender will take possession of your property by foreclosure and sell it to a new owner.The lender will take possession of your property by foreclosure and sell it to a new owner.The lender will take possession of your property by foreclosure and sell it to a new owner.The lender will take possession of your property by foreclosure and sell it to a new owner.
Can a bank take your money from bank after foreclosure?
no
Can you take your stove if your home is in foreclosure?
Yes.
Can you sell your house during foreclosure?
Yes. The new owner would take subject to the foreclosure as well as yourself.
How long does a foreclosure process take?
It depends on where you live.
Are you responsible to pay the mortgage after foreclosure?
No. The bank owns the house after foreclosure. But your credit report will take years to fix. Good luck.
How long does a foreclosure take in the event of a death?
14 days.
How long does it take to post for foreclosure in Cailifornia?
1 hour
Do you have to declare bankruptcy if you default on your mortgage?
No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.
How long will a foreclosure take after lis pendens?
A lis pendens will remain against the property which it was filed against until the lawsuit which the lis pendens warned of has concluded. At that time, the lis pendens will no longer encumber the property.
How long does foreclosure take?
This varies depending on which state you live in. It is typically around 6 months from beginning of foreclosure to the end (when the property is sold at auction).
What steps can I take to stop a foreclosure on my house?
The first step is to contact your bank or mortgage company. Many banks will work with customers to avoid foreclosure.
