will the lender be able to put a lien on her shop or seize it if the house goes into foreclosure?
Your mom needs to dig out her mortgage documents and review them. Ordinarily, the Lender's recourse is the property, not her business. However, your Mom needs legal advice at this time. It is possible she may have a tax burden as the result of the foreclosure--for
I was house shopping on the web and came across foreclosure homes that were going for very cheap! Can I really buy a decent house for only $11,000?!
www.realtytrac.com ??
www.realtytrac.com
go to that place yourself.
FYI there are houses that are indeed sold for those prices.
but you should be educated about these things before getting into one.
the safest way is to go to where that house is,
I am house shopping and I would like to know what exactly amount does the bank owe on a house which is bank owned?
Why do people do SHORT SALES?
What are foreclosures?
You can find out what was borrowed on the home thru the county records.
Get the address to the county recorders office. The name of the owner is not a secret. Nor is the loan amount on the home a secret.
You can also let your real estate
My wife has the house and there is a restraining order a against me I can't pay the bils cause I can find work.I took care of her for 17 years,forgave her when she had an affair,always took her out , bought a great house in a great nieghborhood we set
Nice job shooting yourself in the foot.
How about you do what makes the most financial sense, like selling the house and splitting the equity?
If the Judge feels you let the house go just to screw her, you will still owe
"This is not Fannie May's house, this is not Freddie Mac's house. This is public housing and should be used as public housing." ...
Over the 18 years that I have been writing this column, I have offered New Year's resolutions for homebuyers and sellers, along with financial resolutions that everyone can use to start their year off right.
Unfortunately, it has been another very difficult year in real estate. And while we believe that the housing market will start to stabilize in 2012, we also believe it could be another very difficult year for home sellers, agents, appraisers, mortgage lenders, home inspectors, and title and escrow companies.
On the other hand, if you're buying a home to live in or as an investment, 2012 looks like it'll be another terrific year.
Before we get to the resolutions, let's look at a snapshot of 2011 in the real estate market:
Roughly 25 percent of homeowners are underwater or are nearly underwater with their mortgages, according to third quarter of 2011 data from CoreLogic.
New home sales remain at near record-low levels, with only an estimated 310,000 new homes sold in
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Investing in California
On the lookout for investment discounts in California or simply relocating to 1 of the country’s stunning state? You are able to tour the beautiful properties or even the business establishments and choose the right 1 on your investment. The best time for trying to get attributes is now when rates are minimal. Heading for just a California residence bank loan home loan refinance now has its instant rewards.
Shop around for attributes. Chances are you’ll come across 1 in occupied districts, alongside the beach front strip, or alongside the roadways less taken. You are able to get started a company right here by opening a bed and breakfast, or hire out a family vacation dwelling there. A family vacation dwelling in California will shave off a whole lot from your resort capital any time you go there subsequent summer months.
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