Foreclosure

The second mortgagee can foreclose and take possession of your property subject to the first mortgage.

Yes. Read your governing documents to determine the steps required by the association -- that they must take -- before foreclosing on your home.

The term "lis pendens" is Latin for "suit pending." A lispendens is filed against a real property to indicate that the title of property is in question, or that some sort of lawsuit involving the property could occur in the near future.

Social control is of two types:

#1 Informal social control: Informal social control is "unofficial" and tend to occur in small groups. they are of 4 types:

*social rewards

*punishments

*persuasion

*redefined norms

#2 Formal social control: Formal social control is official and is carried out by enforcing laws and rules by the authoritarian agencies. they include:

*school

*mass media

*religion

*state

*family

Default on an RV loans is a serious consequences. Besides losing your RV, your credit score is affected negatively and you will most likely still owe the bank money. It is good to avoid defaulting on your RV loan.

yes

6%

It depends on the area. I've seen charge as much as 7,000 for a modification, with the median being about 5500.

Yes you can save your home from foreclosure. This is a primary reason people file for a Chapter 13 Bankruptcy, the automatic stay can stop a foreclosure as long as it's filed before the sale takes place.

The FDIC. aka: the federal deposit insurance corp. :P

That depends on the state, and whether the financing was "non-recourse". The process you want to find out about is known as a "deficiency judgment".

A foreclosure can stay on your credit report for over ten years. It will have a significant and negative impact on your score.

bank

Sales are the exchange of a commodity for money; the action of selling something. They also are an event for the rapid disposal of goods at reduced prices for a period, especially at the end of a season.

Fight your Lender. Don't let them intimidate you and ultimately take your property. These lenders are foreclosing Illegally. bank of America was going to foreclose on me. I was 18 months behind and had a sale date in 3 weeks. A buddy of mine told me he talked to Vic at Lighthouse Consulting Group. Vic got my sale postponed and now I'm suing my lender for eight separate complaints. if your facing a foreclosure and don't know who to talk to you've got to call Vic. He was awesome and explained everything in simple terms. 714 486-0654

In general, no. They are two different transactions. The only way something like that could happen is if there is some sort of court litigation going on. Just to be safe, check with an attorney.

Homeowners can successfully negotiate a loan modification on their own, although it is somewhat more uncommon than hiring a lawyer or private company and obtaining one.

With a decent amount of time to sit on hold and fill out documents that the bank will require for the modification, borrowers can negotiate directly. In many cases, it is simply a matter of calling the lender and requesting the documents to get started.

In cases of a more complicated nature, such as those involving predatory lending or mistakes made in the origination of the loan, the bank may be more interested in covering up the wrongdoing and taking the home to foreclosure anyway. It is in these cases where having competent legal counsel can be more beneficial for debtors.

What is the address for GMAC

what are the forms needed to file a wrongful foreclosure lawsuit There are no forms. A foreclosure is not filed in a small claims court, so strict rules of civil procedure apply. In other words, you will need to act like a lawyer and will be held to the same standard in all rules of court as a licensed lawyer would. Normally, any defense you would have to the foreclosure, would be expected to be pleaded in the original foreclosure suite. If based upon facts that were only discovered after the final judgment, you might be able to sue but, again, you would need an attorney.

Dorothy from "The Wizard of Oz"

the interest on a mortgage works as follows it either accumulates every X amounts of months (depends on your mortgage) for the example its monthly. If your annual mortage is 7 percent. Every month the add on (7/12) of a percent of what you owe back onto what you owe. Say you owe 100,000$ that would be 583$ added every month. so if you pay off 1000$ you still owe 99,583 and your next months interest will be 581$ and this will continue till you pay it all off

Can a family member buy a short sale property from a family member

Are the all Canadians so ignorant ??

do you know how long we have a metric system ??

Go back to school you idiots

The interest rate is fixed for five years, and then changes every year afterward.