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Foreclosure

The process by which the holder of a mortgage sells a property after the debtor defaults on their loan for it

500 Questions

What is the measurement of land to determine lot sizes and boundaries?

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Land is typically measured in square feet, acres, or hectares to determine lot sizes and boundaries. This measurement helps establish the area of the land and its specific boundaries to ensure accurate property ownership and legal descriptions. Land surveys are often conducted to precisely measure and define lot sizes and boundaries.

How we could learn more about ourselves through others?

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You can learn more about yourself through others by being open to feedback and reflections on your behavior and interactions. Pay attention to how people perceive you, listen to their observations, and reflect on how their perspectives align with or differ from your own self-perception. Engaging in meaningful conversations and seeking honest opinions from others can provide valuable insights into your strengths, weaknesses, and areas for personal growth.

What is the foreclosure of academic studies called?

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The termination or failing to complete academic studies is typically referred to as dropping out or academic withdrawal.

What legal association does someone who holds property for someone else?

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A person who holds property for someone else is known as a "fiduciary" and is typically obligated to act in the best interests of the property owner. This relationship is often governed by laws related to trusts, agency, or other legal arrangements, depending on the specific circumstances. The fiduciary has a duty to manage the property responsibly and to avoid any conflicts of interest.

How long after foreclosure do you have to vacate in Michigan?

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In Michigan, after a foreclosure sale, the new owner typically sends a notice to quit, giving occupants a minimum of six months to vacate the property. If occupants do not leave voluntarily, the new owner can file an eviction lawsuit with the court.

What is partial participation recorded in a foreclosure case?

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Partial participation in a foreclosure case refers to a situation where only some of the parties involved in the case actively participate or are represented. This could occur when some borrowers or lienholders do not respond to legal notices or court filings, causing delays or complications in the foreclosure process. It is important for all parties involved to engage in the process to ensure a fair and efficient resolution.

What are Missouri foreclosure laws?

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In Missouri, foreclosures can be judicial or non-judicial. The process typically involves the lender filing a lawsuit against the borrower to obtain a court order to foreclose on the property. The borrower has a redemption period to repay the debt and reclaim the property. Missouri law also allows for deficiency judgments under certain circumstances.

How long before you have to vacate after a sheriff's sale in phila pa?

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In Philadelphia, after a sheriff's sale, the new owner must provide occupants with a notice to vacate within 15 days. If the occupants do not vacate after receiving the notice, the new owner can file an ejectment action to remove them from the property.

What happens if witness for the plaintiff does not show up for a deposition in a foreclosure cas?

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If a witness for the plaintiff does not show up for a deposition in a foreclosure case, the court may issue a subpoena to compel their attendance. Failure to comply may result in sanctions such as fines or a bench warrant. It could also weaken the plaintiff's case if crucial testimony is missing.

How do i get my property back that was taken when parents house was foreclosed on?

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You may need to consult with a legal professional to explore the options available to you, such as filing a claim with the foreclosing entity or seeking compensation. It is important to gather any documentation or evidence that proves ownership of the property in question. Additionally, understanding the laws and regulations related to foreclosure in your area will be crucial in pursuing a resolution.

How much notice is to be given before foreclosure sale in ca?

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In California, the notice of sale must be published in a newspaper once a week for three weeks before the sale date, with the first notice published at least 20 days before the sale. Additionally, a notice of the sale must also be posted on the property at least 20 days before the sale.

What does recalled in a sheriffs sale mean?

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Recalled in a sheriff's sale means that the sale has been canceled or rescheduled for a later date. This could happen for various reasons, such as errors in the legal process or unresolved issues with the property.

Which law would encourage more people to become homeowners but not encourage risky loans that could end foreclosure?

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The law could establish government-backed programs that offer affordable fixed-rate loans with reasonable down payment requirements. Additionally, regulations could be put in place to ensure that lenders properly assess borrowers' financial capability to repay the loans, reducing the likelihood of risky lending practices that lead to foreclosures. This approach aims to make homeownership accessible while minimizing the risk of loan default.

How long after foreclosure can you stay in the house in nc?

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In North Carolina, after a foreclosure sale, the homeowner has ten days to vacate the property. If they do not leave within this time frame, they can be evicted by the new owner or foreclosing party. It is important to consult with a legal professional for guidance specific to your situation.

How long after foreclosure does eviction take in Montana?

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In Montana, the timeline for eviction after foreclosure can vary. Typically, it can take anywhere from a few weeks to a few months, depending on the specific circumstances of the foreclosure and eviction process. It is best to consult with a legal professional for specific information related to your situation.

How law maintain social control?

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Laws establish a framework of rules and consequences that help guide and regulate behavior in society. They provide a system of deterrents and punishments for those who break the rules, which helps maintain social order and control by promoting conformity and discouraging deviant behaviors. Additionally, laws can also empower authorities to intervene and manage situations where individuals or groups pose a threat to the safety and well-being of society.

How long after foreclosure sale of home do you have to vacate premises in Kentucky?

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In Kentucky, the homeowner generally has 30 days to vacate the premises after a foreclosure sale. However, this timeline can vary depending on the specific circumstances of the foreclosure, so it's important to consult with a legal professional for accurate information.

What does dismissed without prejudice mean in foreclosure case in Georgia?

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When a foreclosure case is dismissed without prejudice in Georgia, it means that the case has been temporarily halted or canceled, but the lender retains the right to refile the case at a later time. This could happen for various reasons, such as procedural errors or the need to gather more evidence.

What right do squatters have as far as having to leave the house dwelled in over 10 years?

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The rights of squatters can vary depending on the jurisdiction and circumstances. In some places, squatters may acquire legal rights to the property if they have occupied it for a certain period of time, known as adverse possession. However, this process typically requires more than just occupying the property, such as openly and exclusively using it without the owner's permission.

How long do you have to move out of a foreclosed house in WA?

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In Washington state, after a foreclosure sale, the new owner must provide written notice to the occupants to vacate the property. The occupants typically have 20 days to move out before the eviction process can begin. It is important to seek legal advice if you are facing foreclosure to understand your rights and options.

How long does it take to get a clear title to property that is the subject of a civil lawsuit?

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The time it takes to get a clear title to property involved in a civil lawsuit can vary greatly depending on the specifics of the case, such as the complexity of the legal issues, the willingness of the parties to settle, and the efficiency of the court system. It could take anywhere from several months to several years to resolve the lawsuit and obtain a clear title to the property. Consulting with a real estate attorney for guidance on your specific situation would be advisable.

How long can you stay in your foreclosed home in Rhode Island?

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In Rhode Island, after a foreclosure sale, the new owner typically needs to provide the former homeowner with a written demand to vacate. If the homeowner doesn't leave, the new owner can file for an eviction, which can take a few weeks to a few months to complete depending on the court's schedule. It's best to consult with a legal professional for guidance on the specifics of your situation.

What is the law concerning Credit Bureaus must have verifiable proof of the foreclosure account in their files if they are going to report the negative item on your report?

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Credit bureaus are required to investigate and verify the accuracy of information they report, including foreclosure accounts. If you dispute the foreclosure on your credit report, the credit bureau must investigate and ensure that there is valid proof of the foreclosure before reporting it. If the credit bureau cannot verify the information, they must remove it from your credit report.

Does a sheriffs deed of trust eliminate a 1st Senior Mortgage?

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No. The mortgage remains in first place as an encumbrance against the property.

No. The mortgage remains in first place as an encumbrance against the property.

No. The mortgage remains in first place as an encumbrance against the property.

No. The mortgage remains in first place as an encumbrance against the property.

How long after auction home sold do you have to vacate in California?

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In California, the new owner typically has the right to initiate the eviction process immediately after purchasing the home at auction. The exact timeline for vacating the property after an auction sale will depend on the eviction laws and procedures in the specific county where the property is located. It is recommended to consult with a legal professional for accurate advice on this matter.