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 I purchased this rustic cabin in Aarkansas after the Escrow Company holding the note on it foreclosed however, the persion living in the cabion has never had his name on any of the legal paperwork–his ex-girlfriend did and she was notified of the foreclosure–he has been notified by us and Continue reading How Do You Get Somebody To Give Up Possession Of A Home That You Bought While It Was Under Foreclosure? Our “starter loan” is now considered a “sub-prime loan”. We’ve been attempting a loan modification with Countrywide for over ten months and making no progress. But, our HELOC with HSBC is even worse. I bought a short sale home last week. I was never told at any point that the roof leaked. The inspector failed to notice this also. Am I stuck with the bill now? Or made a offer on a house that was a short sale? If so tell me about Does A Loan Modification Mean You No Longer Owe The Bank What You Originally Bought Your House For ?It can, if you get a principle deduction. Most modifications are simply lowering your interest rate OR making your loan 40 years instead of 30 I was wondering if anyone has bought a short sale property or attempted to and wouldn’t mind to briefly describe how the experience was? |
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