Foreclosure Sales Process

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Foreclosure Sales Process

Foreclosure Sales Process

Can Someone Describe The Foreclosure Process In Illinois If A Builder Cannot Make The Payments On A Spec Houseinterested in the steps and timelines, plus what happens if there is a balance still owed after the Foreclosure sale. thanks for your help!!!! [ Read More ]

Foreclosure Vs 'normal' Home Sales Process?In what key ways does purchasing a foreclosed home differ than that of a normal sale? [ Read More ]

Whats The Process After A Foreclosure Sale Can It Be Reversed?sale is done as of today what are the options and timline of events in ca. [ Read More ]

What Is The Eviction Process After Buying A House At Foreclosure Sale In Ohio?Is there a way to evict without having actual deed? It may take 6-8 weeks to receive the sheriffs deed. The sheriff will evict but that takes at least 2 months from confirmation of sale. I want to use local municipal court which is much quicker.Is a writ of possession from sheriff enough in an eviction? [ Read More ]

How Does A Home Foreclosure Process Work?If someone with an A paper loan goes into Foreclosure because their home is worth less than half the value of the mortgage therefore bank does not approve short sale, and they lost their job, how does the Process work? This would be for CA. And how long does it stay on the credit report and would existing credit card rates go up? [ Read More ]

I Am In The Process Of A Foreclosure And I Really Need To Know If There Is Any Way That I Can Purchase A Home?I am in the Foreclosure Process and I have no choice but to quick sale. With the money I receive I plan to pay off the loan and put a deposit on another home. I know that it will be hard to get another company to finance me but I have to have a roof over my head. i need to know of any programs or companies that can help [ Read More ]

After Foreclosure, Can Your Mortgage Company Make You Pay What They Lose In A Foreclosure Sale?I have a first and second mortgage (to avoid PMI) and I am wondering if, after foreclosure, if we are going to be liable finacially for the banks loss, or the difference between our loan balance and what they get in the Foreclosure sale? I know that our credit score will be affected, but I am wondering if that is the only repercussion? I also know the laws are different in states I am in Nevada anyone that knows the nevada Foreclosure law specifically would be great. I am also wondering once we move out, assuming we do so before notice to evict what role will we, as the homeowners, need to play in the Foreclosure process? I have heard that you must fill out a 1099 form for taxes? saying the difference between the amount owed and what the bank gets is roughly 30,000 what would that mean we pay at tax time? [ Read More ]

I'm In Pre-foreclosure Process, How Do I Know When My Sale Date Is?I live in Oceanside, CA. Thank you for your answers. The best one would be by alterfemego. As to obviousman, I have not received anything with a date on it. And yes, I've opened up all my letters. There is no date anywhere. Thank you all. [ Read More ]

Short Sales Turned Foreclosure Question On Liquid Assets?I am in the Process of trying to short sale my home. The home has both a first and a second. The first has taken over 6 months to respond to the short sale request and now the second is transferring the file over to their recovery department and indicated they are going to close the account has a charge off and begin the Foreclosure process. My question is....I happen to have a bank account with the company holding the second mortgage. It is actually a joint account with an uncle, and the funds are used strictly to support (3) minor children (sisters) that I am currently obtaining legal guadianship. In addition, my current residence is shared ownership between my uncle and I, as he provided a substantial down payment so we could move into a home large enough for my (3) sisters. Can the bank (Chase) go after this bank account or the home with some equity that really is not mine? How can I be sure to protect both of these assets that truly are not entitled to me? I live in California. [ Read More ]

How Long Is The Process Of Foreclosure Or Short Sale? [ Read More ]

How Long Does It Take For A House To Complete The Foreclosure Process?how many months of nonpayment before i should expect the sale of home [ Read More ]

The Foreclosure Process, What Do I Need To Do?After several rate adjustments and no help from our mortgage company we have prepared ourselves mentally to let our home go. I'm still young(24), I'm aware my credit would be shot. I can't refinance since the loan(145k) is over the value (136k), so this isn't an option I have. My question is, in Oregon can the mortgage company sue me for whats left over of the loan after the sale? Or will this debt be forgiven. Thanks! [ Read More ]

What Is The Foreclosure Process?there is a house close to where i live currently and it is foreclosed or so it says on a website. but there was no sale sign or what so ever on the property. i contacted a realtor and she said that the house is in the Process of being put on sale through the bank. i am very confused on what this Process might be and how long it'll take for it to be put on sale. on the website i went to it said it was foreclosed on feb. 16, 2009 so i am very baffled on why it is not on sale yet. what is the Foreclosure process? and how long will it take for the property to go on sale? if you have any answers to my questions please help! thank you so very much :) also i live in the state of virginia. i would like to buy the house/make an offer. [ Read More ]

Starting Bid In A Foreclosure Sale?I am renting a house that I just found out is in the Foreclosure process. I would like to buy the home but dont what a realistic starting bid would be at the Foreclosure sale. Does anyone know a ballpark range of what a starting bid on a house thats up for short sale for 140k? The property is in mediocre conditon. thanks [ Read More ]

Foreclosure Sales Process