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If my house goes into foreclosure will they put up a foreclosure sign?
They will wait until they have you out of their property, then it is just a "for sale" sign. I guess this rule don't vary from state to state and they put the sign when you vacate the property.
What is the difference between a foreclosure and short sale?
A foreclosure is the surrender of the property to the lien holder for nonpayment of the debt. A short sale is the sale of the property before the completion of the foreclosure in an attempt by the home buyer and the lender to avoid foreclosure proceedings.
Is a short sale better than foreclosure?
In most cases it is preferable to foreclosure. I disagree. A short Sale has less impact on your credit score than a foreclosure.
Who conducts the foreclosure sale?
State laws vary but the foreclosure sale is usually conducted by a licensed auctioneer chosen by the lender.
Are you still liable for mortgage after foreclosure?
Only if the foreclosure is a court-ordered foreclosure.AnswerThe mortgage is extinguished by a foreclosure proceeding and sale but you may be liable for any deficiency and costs relating to the sale.
How long after foreclosure sale of home do you have to vacate premises in Kentucky?
In Kentucky, the homeowner generally has 30 days to vacate the premises after a foreclosure sale. However, this timeline can vary depending on the specific circumstances of the foreclosure, so it's important to consult with a legal professional for accurate information.
How long after foreclosure do you have to vacate your home in California?
Generally, if you are the owner you should be prepared before the foreclosure sale. You will be given notice of the time and date of the foreclosure sale. When the foreclosure sale takes place and the property is sold you will no longer have the right to enter the premises. You should remove your personal belongings before the sale.
How long after your court date for foreclosure in Michigan do you have before you have to vacate your home?
6 months from the sheriff's sale date.
How long do you have to vacate your home after foreclosure in Georgia?
In Georgia, homeowners typically have about 30 days to vacate their home after a foreclosure sale. It's important to check the specific timeline outlined in the foreclosure notice received from the lender to understand the exact timeframe.
How long after foreclosure do you have to vacate in Michigan?
In Michigan, after a foreclosure sale, the new owner typically sends a notice to quit, giving occupants a minimum of six months to vacate the property. If occupants do not leave voluntarily, the new owner can file an eviction lawsuit with the court.
What is a motion to vacate sale and certificate of title?
In New Jersey, a Foreclosure Sale does not necessarily mean the end of a homeowner's battle with their Lender / Loan Servicer. Besides a homeowners ten day redemption period. And some rights to file a bankruptcy during this period. (This is another topic of discussion, since the relief one can get post sale with a bankruptcy is somewhat limited.) There is also the potential to file a motion with the Chancery Division in the County your property sits, this motion is called a motion to vacate the sheriff's sale or sheriff's auction. It is important that this type of motion gets filed as quickly as possible. One must have a good reason for asking that their sale be vacated. One common reason is an sale that occurred while the homeowner was still negotiating a short sale or a loan modification with their lender and or loan servicer. This type of lender behavior might be deemed unscrupulous and therefore be the basis for vacating the sale.
If my house goes into foreclosure will they put up a foreclosure sign?
They will wait until they have you out of their property, then it is just a "for sale" sign. I guess this rule don't vary from state to state and they put the sign when you vacate the property.
How long does a co-op owner in NJ have to vacate after foreclosure?
The exact timeframe for a co-op owner to vacate after foreclosure can vary depending on various factors, including state and local laws. In general, the owner may be provided with a notice to vacate after the foreclosure sale, and they may have a certain number of days to move out. It is recommended to consult with a lawyer or legal expert for specific advice and information regarding your situation.
How long after foreclosure can you stay in the house in nc?
In North Carolina, after a foreclosure sale, the homeowner has ten days to vacate the property. If they do not leave within this time frame, they can be evicted by the new owner or foreclosing party. It is important to consult with a legal professional for guidance specific to your situation.
What is the time frame between foreclosure and sheriff sale?
The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.
Can your landlord evict you if his house is under foreclosure?
Yes. Until the actual foreclosure sale happens, he owns it. I'm not sure what you really mean by 'under foreclosure', anyway. That could be any stage of the process, and you can't be sure that the sale will really happen.
What is the difference between a foreclosure and short sale?
A foreclosure is the surrender of the property to the lien holder for nonpayment of the debt. A short sale is the sale of the property before the completion of the foreclosure in an attempt by the home buyer and the lender to avoid foreclosure proceedings.
