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Heres our story.. Any advice would be MUCH appreciated:
My husband bought his home in 2005. He lived there for a few years prior to us getting married. Both of our jobs moved a bit north, I bought us a house near our jobs (I was on the mortgage alone,...
Started by ooodsie on
, 18 posts
by 4 people.
Answer Snippets (Read the full thread at loansafe):
The good thing about a short sale or the elusive deed-in-lieu is that once it is over sharing what caused you to be 100% certain that walking away is better than Deed in Lieu or Short sale sewer and just found out they....
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Please help! If I allow bank to put my home in foreclosure, do I get any net proceeds from the sale?
Just wondering if I allow the bank to go thru with this foreclosure, and the home sells for more than the balance, do they give me the difference, or most of it. We have been thru illnesses and car wreaks which cause my wife to break her neck, so we cannot...
Started by Matzie on
, 9 posts
by 4 people.
Answer Snippets (Read the full thread at loansafe):
Power of Sale....
Yes I highly doubt it was an actual notice of sale are required to contain thepower of sale language in order to use this type of foreclosure method.
In? It sounds like your foreclosure is just beginning.
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Foreclosure free ride: 3 years, no payments
bank-owned.gi.top.jpg
By Les Christie @CNNMoney December 28, 2011: 5:23 AM ET
foreclosure
NEW YORK (CNNMoney) -- Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years...
Started by Scorpio on
, 20 posts
by 13 people.
Answer Snippets (Read the full thread at goldismoney2):
There will be tent cities and all of these "smart" folks some kind of ugly subprime, jumbo... .
A lien (mortgage or deed of trust...that will speed up the foreclosure program.
Having a mortgage does not change that.
In public records.
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Wells Fargo suing me on Second, first is not in foreclosure yet. Is this common in Washington state?
Long story short. I am in an 80/20 for $265K. House now worth $140K. BOA on first at $1850 mo, Wells Fargo on second at $560 month. Girlfriend and I bought house together 4 years ago, we have since parted ways. I could no longer afford the $2400 a month...
Started by dynomutt on
, 17 posts
by 8 people.
Answer Snippets (Read the full thread at loansafe):
Than have to follow the power of sale clause in the deed of trust? Sorry if this seems like a stupid? Doesn't the 2nd loan also have a deed of trust and the banks have to follow what's in the power of sale clause? Are you ....
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Got this e-mail last week. Observations? Is this a common practice? Thanks. August 19, 2011 Broadway Plantation Amendment-Your Vote Counts Dear Broadway Plantation Owner, As an Owner at Broadway Plantation Owners Association, we strongly encourage you...
Started by Jeanne Sz on
, 9 posts
by 6 people.
Answer Snippets (Read the full thread at timeshareforums):
(3) At the conclusion of the foreclosure sale, the issuance of the trustee's deed....
Liability for the mortgage lien resulting from a nonjudicial foreclosure procedure even if the sale and time of the sale.
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I have a question about a short sale buyback program. I received a mailer from a local real estate agent that talked about a short sale buyback program. I called and inquired and she said the HAFA process had been changed in June and short sale buybacks...
Started by achilles on
, 22 posts
by 6 people.
Answer Snippets (Read the full thread at loansafe):
Some reasonable assurance my bank will accept the short sale? Both of my loans are through HSBC it matter what bank I have in order to get the short sale approved? achilles,
The program is something have a NOD yet? I have checked around....
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I am STILL looking for a new home here on the coast...it's got to be the worst place to be looking!! Eastern Oregon, has many homes on the market...here not so much.
Not many houses are worth the pricing they are asking, the excuse is that they "own more...
Started by fishin' is livin' on
, 18 posts
by 14 people.
Answer Snippets (Read the full thread at ifish):
Some constructed simple layouts in a up and coming....
One never knows what the reaction from a lender will be on a short sale.
Those loansFind another realtor.
They can sometimes make more money from a foreclosure than a short sale.
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Hi all! My apologies in advance if this has been asked and answered. I'll also try to keep it brief! My husband recently accepted a different job in a different state, and he'll be leaving for that job in two weeks. We put our home on the market as soon...
Started by Maplemissy on
, 21 posts
by 5 people.
Answer Snippets (Read the full thread at loansafe):
Borrowers have no rights of redemption once the foreclosure sale from CITI (....
Lenders have up to six months after the foreclosure sale to file for a deficiency judgment .
Before the Sheriff's foreclosure sale.
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Quote: : "I would like to find out more info about some auctions at my local court house if they have them."
If I recall, NJ is a Tax Lien state with a 2-year redemption period, meaning, you pay the back taxes and the taxes for two years (at 18% interest...
Started by SDel Prete on
, 8 posts
by 4 people.
Answer Snippets (Read the full thread at contractortalk):
If you are really interested in this, I would interested... .
Auction, private sale, tax deed...
Have done...
If you on that...
Auction, private sale, tax deed...
Have done...
Interested in biting the bullet on that...
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Property in default and now in short sale. Renter in back house not paying rent as agreed. So I started missing payments in 2009 due to work hardships. I then tried working with the lender B of A over and over to get the loan modified. Ethically, I should...
Started by tsuami on
, 10 posts
by 8 people.
Answer Snippets (Read the full thread at trulia):
Not making pymts to your lien holder, it's NO BUSINESS of the renter what you do with the rent a short sale (even though they won't come out & tell you to do one) OR they KNOW your property will be theirs, when they want it (auction or ....
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