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What else can I help you with?
If going through foreclosure do property taxes have to be paid?
Yes. The taxes on owed on the property, no matter who owns the property.
What is the foreclosure sale date?
it means giving date by court to lender property is going to sell or date is given by when property is going to bet
Can you stop the property from going to foreclosure 2 days before it will be foreclosed on?
Yes, by paying the back payments. Also, filing bankruptcy prior to the foreclosure will normally put a hold on the foreclosure proceedings.
Does a landlord have to tell you the state of property meaning if it going into foreclosure at the time of signing the lease?
No. Who knows if the foreclosure will actually happen? Besides, the federal Protection of Tenants in Foreclosure Act give the tenants at least 90 days to get out, after the foreclosure sale.
How can someone find property that is going into foreclosure?
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.
IF A HOUSE has been foreclosed what are the rules and regulations about going onto the property?
If a house has been foreclosed the lender has taken possession of the property and the borrower no longer owns it. Therefore the former owner has no right after the foreclosure to enter the premises. Arrangements to remove personal property should be made prior to the foreclosure sale.
Your name is on the mortgage and deed your son lives in the house it is going to foreclosure and he is going to sell what are your rights?
Your son can only sell his own interest in the property if you are a co-owner. However, he will have trouble finding a buyer for his interest because the bank is taking possession of the property by foreclosure. His selling of his interest would not stop the foreclosure unless his buyer paid all the outstanding debt on the mortgage. If he did find a buyer the buyer would become a co-owner with you. He cannot sell your interest. The foreclosure will affect your credit record as well as his.
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.
If you have a lien on the house going into foreclosure will you get your money?
No
Can a house be foreclosed on in a person's name who is not on mortgage but property is quick claimed to them and they quick claim property back into estate of deceased person name before foreclosure?
A mortgage in default can be foreclosed no matter how many times you quitclaim it around the family. Every person who receives the property by a quitclaim deed takes it subject to the mortgage. You may slow down the process a little and add to the costs of the foreclosure but the foreclosure rides on the person who had title at the time of the mortgage. THEY gave an interest in the property to the bank in exchange for cash. If the cash was not paid back the bank is going to take possession of the property. Subsequent owners only need to be given notice of the proceeding.
What are the implications of having a transfer on death deed with a mortgage on a property?
Having a transfer on death deed with a mortgage on a property means that upon the owner's death, the property will transfer to the designated beneficiary without going through probate. However, the mortgage on the property will still need to be paid off by the beneficiary or the property may be subject to foreclosure.
Is it illegal to rent your house if it is in default IF you properly disclose to the potential tenant that it is a month to month lease because the property is going to be in foreclosure?
The fact that a bank has begun foreclosure proceedings shouldn't have anything to do with signing a lease or month-to-month rental agreement. We can't be certain that the foreclosure will happen, or when. And, it could be that the bank with work with the owner if the place is rented, where they would not if it was empty.
