From what I understand they have to move immediately .
bank owned homes are homes that have been foreclosed by a bank.
Depending on where you live, you can find a lot of bank foreclosed homes that should fit any budget. A lot of the time they have them in your local newspaper. Or, if you have a bank that you go to, I'm sure they could give you a list of local foreclosed homes for you to look at.
were being foreclosed on our home. will the credit union come after us if we take out the cupboards and vanities?
Foreclosed real estate is a property which may or may not include a domicile that was repossessed by a bank or other lender organization because the original leinholder went into default either directly with the bank or to a third party (i.e. the state)
A list of foreclosed homes is easy to understand. It will provide you the address and contact information for homes that have been foreclosed on. If the homes are for sale, the list will indicate what the bank is asking for the home.
The Federal Protection of Tenants in Foreclosure Act requires a foreclosing bank to give a 90-day notice to quit (if they give one).
When the bank foreclosed on the house, they took it back. Now it's time to move out.
One can find foreclosed homes in Pittsburgh on Zillow, which features Foreclosed Properties for Sale in Pittsburgh. Other resources for foreclosed homes include homes yahoo, foreclosures bank of america and bank foreclosure sales.
bank owned homes are homes that have been foreclosed by a bank.
Depending on where you live, you can find a lot of bank foreclosed homes that should fit any budget. A lot of the time they have them in your local newspaper. Or, if you have a bank that you go to, I'm sure they could give you a list of local foreclosed homes for you to look at.
The Landlord
were being foreclosed on our home. will the credit union come after us if we take out the cupboards and vanities?
The bank does not care who holds the mortgage. If the loan is not being paid, it can be foreclosed on.
The titled owner is responsible for taxes and assessments: if such an owner is a bank, the bank is responsible.
No the bank owns the house.
The action taken by a bank or loan company to call in a loan or mortgage.
There's no law that says the bank has to take the tenant's money. However, the Federal Protection of Tenants in Foreclosure Act requires the bank to give tenants 90 days to vacate.