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What causes mortagage foreclosure?

Updated: 9/26/2023
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Q: What causes mortagage foreclosure?
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What is financial need?

its food,mortagage,gas expences and utilities


Is it illegal to have your tenants pay rent to another individuals bank account while you are going through foreclosure and not making mortagage payments?

Until the foreclosure sale happens, the tenant owes the rent to the landlord. What is happening between the landlord and tenant is really none of the tenant's business. And, yes, a landlord can certainly ask the tenant to pay the rent to someone else, acting as an agent. However, the tenant would be within his rights to say, "No, I'll only pay to the landlord."


The causes of home foreclosure in 2010?

Most likely ARM loans, people weren't able to pay them off.


What is a foreclosure dismissal?

Foreclosure dismissal is a simple foreclosure challenge that can be filed to the foreclosure complaint even without an attorney.Added: A foreclosure dismissal is a court order dismissing a foreclosure action.


What is foreclosure help?

Foreclosure help is advice and help you can get from an organization or service that will help you through a foreclosure or help you stop a foreclosure. Foreclosure Help and Hope is an organization that can help.


Can a lien lead to foreclosure?

Check this post, it talks about liens and foreclosure. http://www.foreclosedpropertiesdata.com/blog/foreclosure-help/how-liens-can-lead-to-foreclosure/


What is the best recommended foreclosure website?

There are agencies who can help you to stop foreclosure. I have saved my house from foreclosure and if you have a foreclosure property then those agencies will buy it at a great price. For foreclosure guide you can visit myprgenie.com you will get stop foreclosure guide by 2brothers real estate


Which of these describes what can happen with an ajustible rate mortgage?

the monthly mortagage payments go up or down from year to year


What is a consent judgment in a foreclosure?

A consent judgment in a foreclosure is whereby a borrower with a pending foreclosure agrees to get into a judgment for foreclosure. This will not require further legal representation.


Can a mortgage borrower apply for court foreclosure?

No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.


Can you do Deed in lieu after foreclosure?

deed in lieu after foreclosure?


What is the difference between preclosure and foreclosure?

Be aware that a pre-foreclosure property is not necessarily for sale. The pre-foreclosure stage is the period between the time in which a Notice of Default (in non-judicial foreclosure) or lis pendens (in judicial foreclosure) has been issued to the homeowner and after the property is sold at a foreclosure auction.