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In foreclosure, do you lose equity in your property?
Yes, in foreclosure, you can lose the equity you have built up in your property.
What happens if you don't pay the mortgage?
You would be in default of the mortgage and the bank will take possession of the property by foreclosure. You would lose your home.
What happens to your down payment in foreclosure?
The money is gone after foreclosure.
In a foreclosure, do you lose your equity in the property?
Yes, in a foreclosure, you typically lose your equity in the property as the lender takes possession of the property to recover the outstanding debt.
What happens to your equity in a foreclosure situation?
In a foreclosure situation, your equity is the difference between the value of your property and the amount you owe on your mortgage. If your property is foreclosed upon, you may lose your equity as the lender sells the property to recover the outstanding debt.
What personal items will you lose during a foreclosure?
in virginia, do you get to keep personal items after a foreclosure or do you lose everything you own inside the house also
What happens when your home is sold in foreclosure due to common charges?
The result is that you lose your home.
In foreclosure, do you lose equity in your property?
Yes, in foreclosure, you can lose the equity you have built up in your property.
What happens if you restore your ipod?
you basically lose everything on it.
What happens if you don't pay the mortgage?
You would be in default of the mortgage and the bank will take possession of the property by foreclosure. You would lose your home.
What happens to your down payment in foreclosure?
The money is gone after foreclosure.
In a foreclosure, do you lose your equity in the property?
Yes, in a foreclosure, you typically lose your equity in the property as the lender takes possession of the property to recover the outstanding debt.
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 your equity in a foreclosure situation?
In a foreclosure situation, your equity is the difference between the value of your property and the amount you owe on your mortgage. If your property is foreclosed upon, you may lose your equity as the lender sells the property to recover the outstanding debt.
Can you lose your general contractor license or your real state license if you have foreclosure in your credit?
You will not lose your general contractor license or your real estate license if you have foreclosure on your credit report. A foreclosure or bad credit is not a disqualification for these types of licenses.
What happens if I don't pay my mortgage?
Unfortunately, foreclosure happens.
What happens when Rented property goes into foreclosure?
It is the same process as any other foreclosure, except that at the conclusion of the foreclosure, the tenants will be forced to leave.
