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This depends greatly on the individual situation. For a prior owner, the new owner will serve a Notice to Quit, which can be anywhere from 3 to 30 days. For a renter, the new owner must honor any remaining lease agreements. With that being said, if the resident does not vacate, the new owner may sue them for unlawful detainer to have them removed. There have been examples of people using petitions and self-serve legal filings and court motions to stay in a home for over a year or more. The best and usually least stressful way to vacate the home is to negotiate with the new owner for a set period of time and possibly "cash for keys" to cover moving expenses. It is often in the best interest of both the renter and new owner to come to a cash settlement agreement where the resident maintains the home without damaging it and leaves on a certain date in exchange for money to be used toward moving or new rental expenses.
What else can I help you with?
What are the laws governing bank foreclosure seizure and sale of homes in California?
Please see http://www.foreclosurelaw.org/California_Foreclosure_Law.htm. There you will find a summary of foreclosure laws in California.
What are the foreclosure laws in the state of California?
The Foreclosure Laws in the State of California Adhere to Nonjudicial and Judicial Practices. Judicial Practices Involves Filing a Lawsuit. in a Nonjudicial Practice There Are No Court Proceedings.
What companies can assist a person with foreclosure laws in California?
The following companies can assist a person with foreclosure laws in California: Courts, Realty Trac, USA Government website, Home Loan Help, to name a few.
My husband and I each purchased land in California. We live in another state. The properties are about to go into foreclosure. Which states foreclosure laws will apply?
Foreclosure laws typically apply based on the location of the property, so in this case, California's foreclosure laws would likely apply to the properties you both purchased in that state. It's important to consult with a legal professional in California to fully understand the implications and processes involved in the foreclosure proceedings.
What happens in foreclosure if you have filed bankruptcy?
In most cases, foreclosure action is suspended until the BK is ruled upon either by discharge or dismissal. The mortgage holder may request a stay from BK proceedings, if it is granted the foreclosure process as defined by the laws of the state in which the residence is located will continue.
Does California anti-deficiency law apply to unimproved land?
Anti-deficiency laws generally apply to the primary residence.
Procedural requirements in a foreclosure of mortgage?
Foreclosure procedure is addressed by state statutory laws. You need to search online for "your state + foreclosure procedure".
How long to leave your unit when coa forecloses?
When a homeowners association (HOA) forecloses on a unit, the timeline for vacating the property can vary based on local laws and the specific circumstances of the foreclosure. Typically, once the foreclosure process is complete and a judgment is issued, the owner may be given a short period, often between a few days to a few weeks, to vacate the unit. It’s essential to check the local laws and any court orders for precise timelines and to consult with a legal professional for guidance.
How long do you have to demand the return of personal items in your house after a foreclosure?
You should check the foreclosure laws in your area.
If your home is going to foreclose.but you have not been served an eviction notice. how much time do they give in California?
It would depend on the stage of the foreclosure and the laws in the state in which your property is located.
Explain the foreclosure process?
The process varies depending on state. For more information, visit http://www.realtytrac.com/foreclosure-laws/foreclosure-laws-comparison.asp. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
What are the Texas foreclosure laws?
You can find information at the link below.
