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If you didn't sign the mortgage then the bank can't come after you for payment in the case of a default. However, they can foreclose on the mortgage and take possession of the property notwithstanding the quitclaim deed to you.

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16y ago

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If you have a lien on the house going into foreclosure will you get your money?

No


Can you claim head of house hold if you are divorced with no dependents?

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If your house was in foreclosure what would be your greatest need?

My house is going through foreclosure. My biggest need is money to move and finding a place to rent.


If you have a lien on one house and it is going into foreclosure will and we have a second house will anything happen to the second house and can they garnish your wages?

Did you record a Homestead on either house?


Can you put a house for sale in foreclosure?

You can put a house up for sale in foreclosure, but the foreclosure process could happen before the house sells. It doesn't make any sense, if you would like to sell the house, do so before foreclosure.


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go down to your courthouse and they have a listing there. It also tells you what the house is going to start out at when bidding starts.


Can you quick claim deed if house is in foreclosure?

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If your house is in forecloure can your spouse buy another house while you file bankruptcy There was a quick claim done to get spouse name off of the title?

If two people owned property, executed a mortgage, and the mortgage is in default, the foreclosure will be filed in both names. It was both mortgagors who defaulted and both will be parties to the foreclosure. If one executes a quitclaim deed to the other that will not stop their being mentioned in the foreclosure.


Do you get the best deal by buying a house at a foreclosure auction?

Yes, you get the best deal by buying a house at a foreclosure auction. You can read more at www.realtytrac.com/foreclosure/Auction/how-to-buy-homes-at-auction.html


If a house is in foreclosure can it be quit claim deeded to someone else?

No. That would only complicate the situation and result in more legal expenses that will be passed on to you eventually.


What is the importance of a foreclosure of a house?

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Can you purchase another house if your house is not in foreclosure?

mo ney