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What happens if a bank files a federal lawsuit against you for investment property?
Wiki User
∙ 11y ago
You will need to hire a lawyer and probably go to court.
Wiki User
∙ 11y ago
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What happens in a rental property investment analysis?
A rental property investment analysis consists of the property that you buy. And it also applies to the expenses that you have to put in it to rent it out.
What happens if you have judgments against you after you die?
Your creditors can make claims against your estate if you own any property at the time of your death.
What kind of protection does property insurance provide?
It provides protection against damage or theft to items on your property. If something like a fire happens at your residence and damages your property, property insurance covers that.
What happens if a piece of property you purchased by quit claim deed has a mortgage against it?
You must pay the mortgage or the lender will take possession of the property by foreclosure.
How do you move investment property out of your name into a business name without refinancing the property?
You will have to transfer the title, but, the lien that is on your property -if it has a personal guarantor, will not be tranferable, most likely, to a business entity unless you or whomever the owner happens to be, is willing to remain the personal guarantor.
What happens in a 1031 Land Exchange and what are the potential tax consequences?
A 1031 Exchange is great for owners or investment real estate. It allows the owner to sale the investment land and use the funds to purchase a "like kind" property and not be liable for capital gaines taxes.
What happens to your Employee Group Life insurance investment after you retire from employment?
What happens to your Employee Group Life insurance investment after you retire from employment
What happens if i don't pay?
If you have had a judgment entered against you and have not paid, the prevailing party can request that the court garnish wages or property in order to pay the judgment entered against you. -J
What happens to trust property on death of the trustee?
The self appointed trustee purchased a property as investment for his young son as beneficiary with the intention to manage it as long as necessary or until his death be passed on to his son without further ado. Is this position legally practicable in law?
If I dont pay my property taxes what will happen to me?
The government will file a lien against your property. You usually have a set time period to repay the back taxes after that happens. If you don't, then the government can foreclose on your house.
If a will was never carried out and the estate never taken care of what happens to the family mentioned in the will?
They don't get what the will specifies. Property transfers won't occur and homes and property will not be able to be properly sold. The state or federal government can step in and claim estate taxes.
What happens to second mortgage in foreclosure?
After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.
