0
In the state of Florida your name is on the deed but not the mortgage of your deceased husbands condo left to you in his will can the mortgage Co foreclose?
In any state, the title to the unit (deed) is held as collateral for repayment of the mortgage. This means that the mortgage company can sell the property in order to recover the amount of the loan (foreclosure).
Because your name is on the title, it's possible that you can negotiate a repayment plan that is acceptable to the mortgage company, in order to retain your name on the title.
Once the lender is paid, then you can sell the property and enjoy the benefits of the proceeds.
What else can I help you with?
Can you file chapter 7 in Florida and re affirm your mortgage?
Yes, but its never wise to reaffirm a mortgage. Even if you dont reaffirm, as long as you keep making the mortgage payments, the bank wont foreclose.
Who is responsible for my deceased husbands medical bills in Florida?
Technically the estate is responsible for all the debts of the deceased. The spouse, through the estate, has to pay off the debts.
Is wife responsible for deceased husbands medical bills in Florida?
In Florida the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
If you were asked to accept a quit claim deed by a dying friend and there is still a mortgage on the home but you are not on the mortgage are you responsible if it goes into foreclosure in Florida?
You are not responsible for the loan. You simply have a right to any equity that might be in the home. The bank will foreclose, sell the house, and if there is any money left, you would be entitled to it.
Can a home owners association foreclose on a home in Florida without informing the mortgage company?
Foreclosure is a legal process whereby all interested parties are included, or the foreclosure procedure cannot be completed. If you believe that your association is foreclosing on your title, and you believe that your mortgage lender has not been informed, you can inform your lender, since the mortgage is in your name, not the association's name, and your responsibility is to protect your name.
Where can someone obtain more information on mortgage rates in Florida?
Mortgage rate information in Florida can be obtained online or at a mortgage company. Zillow, Realtor, and Homes are websites that can provide more information on mortgage rates in Florida.
Where would one look for information regarding a Florida mortgage?
The best place to find information regarding a Florida mortgage would be to locate a Realtor or bank located in Florida. There is a website called Mortgage Fit in which the details of a Florida mortgage and the laws are better explained
Where can Florida mortgage rates be obtained?
Online mortgage rates can be obtained from banks or other providers of mortgages in florida it can also be provided online from mortgage specialists located or specializing in florida
Can your condo association foreclose on your unit in Florida?
Yes. This is usually a last resort, but it is possible.
Is your property in Michigan exempt if you do not pay your mortgage in Florida?
Your property in Michigan would not be affected by your mortgage in Florida.Your property in Michigan would not be affected by your mortgage in Florida.Your property in Michigan would not be affected by your mortgage in Florida.Your property in Michigan would not be affected by your mortgage in Florida.
Do they have flights for the deceased from south Florida?
No
Do you have to be married to have a joint mortgage in Florida?
No.
