Foreclosure FAQ http://foreclosurefaq.net Foreclosure FAQ Sat, 04 Sep 2010 23:56:34 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Does the foreclosure of a california home equal a sale? http://foreclosurefaq.net/does-the-foreclosure-of-a-california-home-equal-a-sale/ http://foreclosurefaq.net/does-the-foreclosure-of-a-california-home-equal-a-sale/#comments Sat, 04 Sep 2010 23:56:34 +0000 admin http://foreclosurefaq.net/does-the-foreclosure-of-a-california-home-equal-a-sale/ Recently, I’ve seen way that sales number for homes in california almost double compared to a year ago. I saw a that bank foreclosures on a home show up as a home sale in california. I’m thinking this may possible explain the much higher rate of sales and dramatically lower prices. Anyone know if a would show up as a home sale in california?

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]]> http://foreclosurefaq.net/does-the-foreclosure-of-a-california-home-equal-a-sale/feed/ 2 How can you find out if a house is in foreclosure in Chicago? http://foreclosurefaq.net/how-can-you-find-out-if-a-house-is-in-foreclosure-in-chicago/ http://foreclosurefaq.net/how-can-you-find-out-if-a-house-is-in-foreclosure-in-chicago/#comments Sat, 04 Sep 2010 09:09:58 +0000 admin http://foreclosurefaq.net/how-can-you-find-out-if-a-house-is-in-foreclosure-in-chicago/ My friend is a and she has rec’d letters addressed to the owner regarding foreclosure. She wants to know if she should start looking for another place.

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]]> http://foreclosurefaq.net/how-can-you-find-out-if-a-house-is-in-foreclosure-in-chicago/feed/ 2 I live in Florida and the bank just filed for foreclosure. How long do I have to vacate my home? http://foreclosurefaq.net/i-live-in-florida-and-the-bank-just-filed-for-foreclosure-how-long-do-i-have-to-vacate-my-home/ http://foreclosurefaq.net/i-live-in-florida-and-the-bank-just-filed-for-foreclosure-how-long-do-i-have-to-vacate-my-home/#comments Sat, 04 Sep 2010 01:20:35 +0000 admin http://foreclosurefaq.net/i-live-in-florida-and-the-bank-just-filed-for-foreclosure-how-long-do-i-have-to-vacate-my-home/ I received the papers 2 weeks ago that our bank is foreclosing on our home. I have not received any additional information, but we are not fighting the foreclosure. The truth is we can not afford our home due to my husband’s loss. How long do we have before we are evicted, and what is the notification process for this ? Can they just show up unannounced and throw us out? I am clueless. Thank you.

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]]> http://foreclosurefaq.net/i-live-in-florida-and-the-bank-just-filed-for-foreclosure-how-long-do-i-have-to-vacate-my-home/feed/ 4 Does a foreclosure show up on a criminal background check? http://foreclosurefaq.net/does-a-foreclosure-show-up-on-a-criminal-background-check/ http://foreclosurefaq.net/does-a-foreclosure-show-up-on-a-criminal-background-check/#comments Fri, 03 Sep 2010 19:58:08 +0000 admin http://foreclosurefaq.net/does-a-foreclosure-show-up-on-a-criminal-background-check/ Does a foreclosure show up on a ? I know it’s on my counties public records website and since it has to go to court will it show on a background check? Don’t have a bad criminal background at all,just losing our home through these bad times,and the has to do a ,they don’t check credit,which I know foreclosure is on that. Thanks.

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]]> http://foreclosurefaq.net/does-a-foreclosure-show-up-on-a-criminal-background-check/feed/ 6 What are my chances of getting a mortgage with a foreclosure and bankruptcy on my credit report? http://foreclosurefaq.net/what-are-my-chances-of-getting-a-mortgage-with-a-foreclosure-and-bankruptcy-on-my-credit-report/ http://foreclosurefaq.net/what-are-my-chances-of-getting-a-mortgage-with-a-foreclosure-and-bankruptcy-on-my-credit-report/#comments Thu, 02 Sep 2010 01:52:47 +0000 admin http://foreclosurefaq.net/what-are-my-chances-of-getting-a-mortgage-with-a-foreclosure-and-bankruptcy-on-my-credit-report/ I have around 12,000 for a down payment but Im currently unemployed and living on unemployment. What are the chances if I get a this year and put down the money I have for a house (lets says between ,000-0,000) that I would get approved for a mortgage with a bankruptcy and foreclosure on my report that is almost 7 years old?

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]]> http://foreclosurefaq.net/what-are-my-chances-of-getting-a-mortgage-with-a-foreclosure-and-bankruptcy-on-my-credit-report/feed/ 9 What happens to the money in the escrow account after foreclosure? http://foreclosurefaq.net/what-happens-to-the-money-in-the-escrow-account-after-foreclosure/ http://foreclosurefaq.net/what-happens-to-the-money-in-the-escrow-account-after-foreclosure/#comments Thu, 02 Sep 2010 01:20:14 +0000 admin http://foreclosurefaq.net/what-happens-to-the-money-in-the-escrow-account-after-foreclosure/ My husband recently past and I am unable to keep our family home. I was wondering what happens to the left in my escrow account after foreclosure and after all my taxes and insurance have been paid? Any help will be appreciated.

thank you
My escrow account has ,690 in it as of today. I have always had in that account. All of my taxes and insurance have already been paid as well. This is just a surplus amount. Thanks

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]]> http://foreclosurefaq.net/what-happens-to-the-money-in-the-escrow-account-after-foreclosure/feed/ 2 How will my life really change if I go thru foreclosure on an investment property? http://foreclosurefaq.net/how-will-my-life-really-change-if-i-go-thru-foreclosure-on-an-investment-property/ http://foreclosurefaq.net/how-will-my-life-really-change-if-i-go-thru-foreclosure-on-an-investment-property/#comments Wed, 01 Sep 2010 18:14:24 +0000 admin http://foreclosurefaq.net/how-will-my-life-really-change-if-i-go-thru-foreclosure-on-an-investment-property/ My husband and I will still have 6 investment properties and the house we live in. Our credit score right now is 744. We’re in our late 30s. We’ve never had any debt and have never had trouble . So what will life be like after foreclosure?

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]]> http://foreclosurefaq.net/how-will-my-life-really-change-if-i-go-thru-foreclosure-on-an-investment-property/feed/ 1 What is the likelihood of the deficiency judgment during the foreclosure in Georgia? http://foreclosurefaq.net/what-is-the-likelihood-of-the-deficiency-judgment-during-the-foreclosure-in-georgia/ http://foreclosurefaq.net/what-is-the-likelihood-of-the-deficiency-judgment-during-the-foreclosure-in-georgia/#comments Wed, 01 Sep 2010 01:26:50 +0000 admin http://foreclosurefaq.net/what-is-the-likelihood-of-the-deficiency-judgment-during-the-foreclosure-in-georgia/ I am thinking about foreclosure – afraid to own $$$ to the bank after the fact.

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]]> http://foreclosurefaq.net/what-is-the-likelihood-of-the-deficiency-judgment-during-the-foreclosure-in-georgia/feed/ 1 How can I protect myself from renting a home in foreclosure? http://foreclosurefaq.net/how-can-i-protect-myself-from-renting-a-home-in-foreclosure/ http://foreclosurefaq.net/how-can-i-protect-myself-from-renting-a-home-in-foreclosure/#comments Wed, 01 Sep 2010 00:36:33 +0000 admin http://foreclosurefaq.net/how-can-i-protect-myself-from-renting-a-home-in-foreclosure/ My family and I are relocating to Arizona and we are afraid that we will have a hard time due to the high foreclosure rate. We are aware that many homeowners and investors are attempting to rent out homes that are being repossesed.

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]]> http://foreclosurefaq.net/how-can-i-protect-myself-from-renting-a-home-in-foreclosure/feed/ 6 What happens to tenant if landlord is going through a foreclosure? http://foreclosurefaq.net/what-happens-to-tenant-if-landlord-is-going-through-a-foreclosure/ http://foreclosurefaq.net/what-happens-to-tenant-if-landlord-is-going-through-a-foreclosure/#comments Tue, 31 Aug 2010 13:57:10 +0000 admin http://foreclosurefaq.net/what-happens-to-tenant-if-landlord-is-going-through-a-foreclosure/ If tenant is in a 12 month lease and in month 4 the foreclosure proceedings begin, what happens to the tenant? Do they have to move out? How long does the process take? This is in CA.
What about during the actual foreclosure proceedings? Will the bank start sending people over to tell tenant to move out or make them sign papers or get access or whatever?

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