0
What else can I help you with?
What steps does the bank take when foreclosing on a house?
When foreclosing on a house, the bank first looks at the person's saving and checking account. Then, the bank has the right to seize any properties before foreclosing on the house.
Can a bank take your house away?
Yes if you cannot pay for it
Can the bank take the house you are leasing?
No, unless they are taking it from the person you are leasing it from.
Why do most people take a mortgage loan when they purchase a house?
They take the loan to purchace the house.Not many people have $400,000 + in their bank..Thus they borrow it from the bank.
If you do a voluntary repossession on your auto can your house be taken by the bank if you have no equity in it?
NO. They can't take what you don't have.
What to do if you still owe money a house your buying on contract for deed?
Take a loan from the bank...........
Can the bank take your house if you have a equity line of credit only?
If you default on the loan, yes.
When you want to buy a hause go to the banck and take out a?
When you want to buy a house, you can go to your bank and (hopefully) take out a mortgage.
What is an example of a mortgage and how does it work?
An example of a mortgage is when a person borrows money from a bank to buy a house. The bank lends the money, and the borrower agrees to pay it back over time, usually with interest. The house serves as collateral, meaning if the borrower fails to make payments, the bank can take possession of the house.
We filed chapter 7 bankruptcy. When can the bank take the house?
When you either voluntarily give up the house or you stop making payments (foreclosure).
Can a bank go into your checking account and take out my house payment?
If you have authorized your bank to do so by arranging a scheduled payment, then the money will be drawn out and applied towards your mortgage payment. However, if you did not authorize a payment beforehand then a bank will not take money out for the payment.
If you foreclose on your house can the bank take your other house?
it depends if you used the other house in any way to secure the loan for the second house. Please be more specific in your question so I can help you.
