answersLogoWhite

0

It means that the offer is good until the foreclosure date. This means that the offer cannot be redeemed after that date.

User Avatar

Wiki User

10y ago

What else can I help you with?

Continue Learning about Finance

Where can one find more information about foreclosure investing?

To find good information about Foreclosure investing, go talk to a bank. Banks no everything about investing, and can answer any questions you have on the subject. Also, go find a Foreclosure representative. He can help you with finding good information.


Are you responsible to pay the mortgage after foreclosure?

No. The bank owns the house after foreclosure. But your credit report will take years to fix. Good luck.


Where can one obtain a list of pre foreclosure leads?

Pre-foreclosure leads can be found on RealEstate. It is good to invest in these lists while you get the good advantages, like discovering mysteries, discovering expenses, and you have more flexability!


How long is a foreclosure on your record?

That depends on the state that your foreclosure is filed in. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first. Try http://www.speedyrealestate.info. Good luck!


Who is responsible for maintaining a property in foreclosure?

For as long as the foreclosure process is going on, the original owners of the property will still have legal possession. This makes them responsible for maintaining the property, paying the real estate taxes, and keeping insurance paid up to date in case of damage or destruction. Since they still own the house, they must keep on top of all of the responsibilities of maintaining the property in good condition. Of course, it is especially important for homeowners to keep up on the maintenance if they are eventually successful in finding a solution to stop foreclosure. Letting a home fall into disrepair and then saving the home but having to clean up afterwards is not a good start to financial recovery. Even if it is just a second home or investment property, homes in foreclosure should be kept in as good of condition as possible. For homeowners who are unable to avoid losing the property, though, they will no longer be responsible for maintaining it when ownership is transferred through the foreclosure legal process. This typically happens once the sheriff sale has been conducted and the winning bid confirmed by the local court system. At this point, the foreclosure victims will no longer have title to the home, and it will be up to the new owner (usually the bank) to make sure the property is kept up.

Related Questions

Are good foreclosure investments still available in Colorado?

yes in colorado there are good foreclosure investments still available. you can check on this www.foreclosuredealscallyou.com


What if you buy a property that was orignially foreclosed by fraud?

If the foreclosure was no good you may not own the property. In other words, your title is only as good as the foreclosure.


What programs are available to help California residents in foreclosure?

A good website to help California residents in foreclosure is keepyourhomecalifornia. It is a good program especially designed for this type of problem.


Where can one find more information about foreclosure investing?

To find good information about Foreclosure investing, go talk to a bank. Banks no everything about investing, and can answer any questions you have on the subject. Also, go find a Foreclosure representative. He can help you with finding good information.


Are you responsible to pay the mortgage after foreclosure?

No. The bank owns the house after foreclosure. But your credit report will take years to fix. Good luck.


Can you stop foreclosure you have cancer?

I think this is not a good reason for stopping closure. The best to stop foreclosure is to prevent it in occurring at the first place.


Is it possible to stop a bank foreclosure once it's started?

There is a process to appeal a bank foreclosure. Each bank is different and it can be a cumbersome undertaking. They will probably have you jump through many hoops. If you are looking to stall the foreclosure, it might be a good avenue for you to explore. Even if it buys you another week or two, that may be enough time to get your grandmothers' finances in order.


Where can one obtain a list of pre foreclosure leads?

Pre-foreclosure leads can be found on RealEstate. It is good to invest in these lists while you get the good advantages, like discovering mysteries, discovering expenses, and you have more flexability!


How long is a foreclosure on your record?

That depends on the state that your foreclosure is filed in. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first. Try http://www.speedyrealestate.info. Good luck!


Will i have good credit if i file bancruptcy on a foreclosure?

No - but you can rebuild your credit over time.


Where can one find a list of foreclosure sales in Houston?

An individual can find a list of homes that are up for foreclosure from real estate agents,real estate signs and also major bank websites. For example, driving through neighbourhoods is a good way to find foreclosures, the riders on the sign post may display : foreclosure, bank owned, or bank repo.


how long can foreclosure take?

typically, the mortgage company will start the foreclosure process about 3-6 months after the first missed mortgage payment The timeline of the foreclosure process will depend almost entirely on the state law a good place to find information is: www.Foreclosurefish.com