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 You show up at a foreclosure sale with a certified check as required in the notice (usually $5,000 or $10,000), if you want to bid. You can attend any advertised foreclosure auction if you just Continue reading How Does A Bidding On A Bank Foreclosure Work? Im getting antsy. Is there anything i could do? Seller accepted so now im just sitting biding time.. Its been about a month already Is it legal for a bank official to provide pending home foreclosure information to a private citizen who then goes to the property owner and buys the property from the distressed owner. In this case, I am saying the the court is bypassed completely. Continue reading In A State With Only Judicial Foreclosure, Is It Legal For A Bank To Give Info To A Person Prior To Court? I understand the bank can take months to accept/counter-bid your offer. But after a price is accepted, is the process expedited in generally the same amount of time of a non-forclosure? I have been told I qualify for a loan modification and just waiting for the negotiator to follow up from B of A / Countrywide ( it takes forever! ) Has anyone had experience with a principle adjustment when your loan is modified? I am the buyer in this situation. Other than attorneys fees, would there be any other lost monies if the bank has not approved the offer but only the property owner? I have several properties and stocks (not in retirement plan) in Connecticut. If one of my homes goes into foreclosure can the bank go after my other homes even though those homes have outstanding mortgages with other banks? Or can they go after my stocks? Continue reading Can The Bank I Have A Mortgage With Go After My Other Assets If My Home Goes Into Foreclosure? which is faster and easier to work with? i was told to stay away from short sales because they take months on end. opinions? 10 points best answer! A short sale and needing 3rd party approval go hand in hand. A short sale is when the owner is trying to sell their property for less than it’s worth so they are trying to short sale the property. They need the bank’s approval to do this. I am trying to get my home loan modified. I am working with the bank and so far, so good. They have told me they do not run my credit for the modification. I am so far in debt; I cannot make my monthly credit card payments. Continue reading Will My Bank Do A Credit Check During The Loan Modification Process? |
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