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What happens in Florida when you purchase two HOA liens on a house and the bank has stalled fore-closer for a property that is worth about what you paid in fees?
Wiki User
∙ 10y ago
Sorry, our crystal ball is in the shoppe for repairs and we are not able to predict the future for you in this situation.
Wiki User
∙ 10y ago
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What happens if you default on a loan used to purchase a lot?
If you default on a loan used to purchase a piece of property you usually lose the property through foreclosure.
What happens to the mortgage loan when bought on a tax deed sale who is responsible or will the bank put a lien on the property?
A mortgage IS a lien on the property. The bank already has an interest in the property that was perfected as soon as the mortgage was recorded in the land records. If you purchase property that is subject to a mortgage, the mortgage must be paid or the bank will take possession of the property by foreclosure.
What happens if the owner of the property did not sale his property?
he would have to get out busness
What happens to house if owner dies and no next of kin can be found?
The property will become owned by the state in which the property is located. When this happens we say the property "escheats" to the state.
Married in las Vegas living in Florida only one spouse name on the property in Florida what happens if that spouse passes away?
the only thing to do is move on. if you have kids you have to make sure they understand that life moves on and you need someone else to love and care for you.
What happens if chemical property reacts with oxygen?
A property doesn't eact.
What happens If a person owns a home but the property inside the home was willed to someone else?
The property inside the home is taken away by the person who now owns it. The person who owns the home could offer to purchase the property (which saves a lot of moving and buying replacements) or should arrange a time for it to be collected.
Is Florida a non recourse loan state.?
Florida happens to be a recourse state.
If lease with option to purchase been foreclosure on what happens?
Sorry, the question is totally unclear. Do you want to buy a foreclosed property that had been lease optioned -OR- is it your lease-optioned property that is in foreclosure? Are you the property owner or are you the person trying to buy it via lease-option? Please re-word the question and re-submit it.
Explain the difference between chemical properties and physical properties?
physical property happens by itself or from things in nature. chemical property happens by outside.
What happens if you hit public property of the city?
If you hit public property you will have to pay for the damage no matter what.
What happens after the fourth conviction of a DUI in Florida?
jail
