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What else can I help you with?
What happens to your equity in your house after it has been repossesseded and sold?
You get back whatever was left over from the auction after the lender pays the auction fees, lawyers fees, miscellaneous collection fees, and the outstanding balance of the loan.
Who pays the loan on my mother's house after her death?
The estate pays the cost to maintain the estate. The house may have to be sold if the mortgage cannot be paid. If someone wants the house, they may wish to pay the mortgage.
Who pays the realtor fees in a sale by owner transaction?
In a sale by owner transaction, the seller typically pays the realtor fees.
Who pays the cost to transfer car title?
Buyer pays the notary and fees.
Who pays the buyer agent fees in a for sale by owner transaction?
In a for sale by owner transaction, the seller typically pays the buyer agent fees.
Who pays the child support lean on a house when it is foreclosed?
Liens are due when the property is sold, and are the responsibility of the seller(s). A foreclosure is not a sale.
Can Title Insurance be negotiated?
If you live in a state that does not regulate the fees/premiums, then a title agency may be willing to negotiate the costs of the premiums. Or, they may be able to negotiate some of the fees, like searches/abstracts, copy fees, etc. If you live in a regulated states, all fees or some fees may be overseen by that State's Department of Insurance and whatever are the state-regulated fees MUST be charged. It would be illegal to over-charge or under-charge the fees. A Buyer and Seller can negotiate freely as to who pays what fees of the title insurance costs. In some states, tradionally a seller pays for the Owner's Policy and the Buyer pays for the loan policy covering their mortgage. In other states the seller pays for all fees and in others, the buyer pays. However, there are no laws as to who pays for what, therefore, between the buyer and seller, it is always open to negotiation.
Who pays to have an abstract updated with the new owner's name?
Recording fees can be a matter of agreement between the parties. Generally the buyer pays recording fees for documents in the buyer's name.
What happens if someone pays their first mortgage but not their second?
The mortgage companies will end up fighting over the proceeds when your house is sold after foreclosure.
Who pays the rest of the finance if your car has been repossesssed?
I most cases the debtor (you) will be held liable for the deficiency after the car is sold at auction, as well as for any repossession fees. This may vary in your state.
Who pays the storage fees after a car accident?
After a car accident, the owner of the vehicle is typically responsible for paying the storage fees.
Who pays the court costs in child custody cases?
Each parent usually pays their own fees for child support. One parent can always request that the other parent pays for the fees incurred due to the hearing.
