Foreclosure Auction

Receive Foreclosure Listings By Email Foreclosures often result in lower prices for home buyers. In their answer to the complaint, the Reese debtors admitted the indebtedness, but claimed that the Bank was required to foreclose on the property securing the debt and obtain judicial confirmation of the foreclosure sale prior to seeking a judgment.foreclosure

Required Bond: A bond in an amount equivalent to the use of the property for a period of twelve months shall be filed, to indemnify the debtor in case it is shown that the sale was made without violating the mortgage or without complying with the requirements of this Act.

Konop issued a similar call to the Sheriff earlier in the month for a 90-day foreclosure moratorium, but Lucas County Sheriff James Telb so far has refused to follow the lead of sheriffs in jurisdictions such as Cook County, IL, Butler County, OH, and Wayne County, …

The Basics

If you’re a buyer considering a foreclosure purchase, be sure you’ve evaluated the advantages and disadvantages of this type of transaction first. The house has been unoccupied for over a year now since his death and it is falling apart slowly…I want to get it fixed and rented but at the time didn’t know if they would foreclose so I just emptied it of its contents to be safe…however, if this motion to dismiss is won I would assume, with or without prejudice, that any future claims for foreclosure may meet the same end (a request for the original promissory note and a failure to produce).foreclosure

Homeowners in pre-foreclosure could come up with the money to put their loan back in good standing; a lender might be dissatisfied with the offers at auction and take full ownership of the home, potentially waiting months before offering it for sale as a …

Identity Foreclosure, Questions, Doubts And Postmodernism

Bankruptcy and Foreclosure Defense blog with posts designed to provide helpful information in understandable terms to people facing financial problems by a Connecticut attorney. The failure to knowingly list a transfer may result in the denial of the debtor’s discharge, meaning that there was no reason to file bankruptcy. The second time these homeowners lose is when they lose their home in foreclosure. General Rule: The Sale must be made inside the province in which the property sold is situated.

Furthermore, when considering reaffirmation of a car loan where you may have equity in your car you need to review in depth with your attorney the advantages and disadvantages before going forward with reaffirmation. Probably, homeowners also labor under a delusion that their homes will quickly return to value.foreclosureforeclosure

Be published weekly in a newspaper of general circulation in the county where your home is located for 3 consecutive weeks …

Flipping REO Properties

What home-buyers, foreclosure investors, and real estate agents need to know about foreclosure listings. The foreclosure process may proceed in one of three ways depending on your state: judicial sale, which requires that the process go through court; power of sale, which can be carried out entirely by the lender; or strict foreclosure, which is only available in a few states and requires the lender or a servicer acting on the lender’s behalf to file a lawsuit against the borrower.foreclosure

Held, in an accounting had between the payee and the maker subsequently to the judgment, the payee was authorized to retain the attorney’s fees and costs which it had recovered, in addition to the principal and interest, and the expenses of the sale of the property, and where the payee, after retaining these items, paid over to the maker the balance of the proceeds of the sale, the maker could …

A Lawyer’s Blog

The notice of right to cure shall be in writing and shall conspicuously state the name, address, and telephone number of the creditor or other person to which payment is to be made, a brief identification of the obligation secured by the deed of trust or mortgage and of the borrower’s right to cure the default, a statement of the nature of the right to cure the default, a statement of the nature of the alleged default, a statement of the total payment, including an itemization of any delinquency or deferral charges, or other performance necessary to cure the alleged default, and the exact date by which the amount must be paid or performance tendered and a statement that if the borrower does not cure the alleged default the creditor or a person acting on behalf of the creditor is entitled to proceed with initiating a foreclosure action or procedure. …