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When the bank foreclosed on the house, they took it back. Now it's time to move out.
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∙ 16y ago
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Where can I find a list of bank foreclosed homes?
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.
Can a house be purchased back from the bank by the owner after being foreclosed?
That might prove tricky. If you have the money to buy it back, the bank would wonder where the money was when it was time to make a mortgage loan payment. It's doubtful that the bank would give you a loan right after foreclosure, and it would be strange if you could come up with cash to buy it at possibly a substantially reduced price.
How long can I stay as a tenant in an apartment that the bank foreclosed on?
The Federal Protection of Tenants in Foreclosure Act requires a foreclosing bank to give a 90-day notice to quit (if they give one).
Can a mortgage company give back a foreclosed house?
They can, HOWEVER, they normally don't. They will keep it. If, however, it goes unsold for a significant period of time (normally 2-3 years, sometimes more), and racks up town fees and listing fees, the bank will sometimes give the house back to the original owner. You would be stuck with all those fees, any damage done, (I.E. Graffiti, vandalism, etc.) and so on, though.
If house you rent is being foreclosed can you put rent money in bank instead of giving to landlord?
DO NOT give money to the LL befiore you speak to the bank. You may have to make payments directly to the bank. If that is your obligation, and, if you mistakenly give the money to the LL instead then you may end up owingthe money to the bank who won't bother chasing after the LL for you. It will be your problem to come up with the money.
What does it mean when a foreclosed property reads that the property owner sold property to the bank for 1000?
That means that the owner had some equity in the property. The bank agreed to give them some of that equity for a clear title.
What happens to your credit if you give your house back to the bank?
The bank will put up the house for auction and recover the money loaned to you. Residual balance of the liability, if any, standing against your name post auction will be returned to you.
When should i give my car back to the bank before or after filing bankruptcy in Alabama?
You give your car back to the bank after filing bankruptcy, the bank will ask your attorney for the vehicle back and give you a certain amount of time and the location to return it to. Definitely do not give it back before you file you will need to have it discharged legally from your debts.
How long can you live in a house without paying the mortgage?
ANSWER:The Bank will give you 90 days to make the next payment on the house. If you don't, The house will go into Foreclosure. And you'll be forced to leave. But, ya, the Bank will give you 90 Days.
If a person dies can you give car back to bank?
If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.
Will a bank give you 10000 pennies if you give them 100 dollars?
no of course not, it sends you back in time(;
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