Your current state is Virginia
Long story short, my uncle purchased a foreclosure property from a county auction. It turned out the property she purchased, there was a senior lien. Therefore, she ended up losing the house. Now the lawyer for the defendant (the LLC who got foreclosed), is claiming a surplus of funds. This LLC has... Read more »
answered on Jun 3, 2023
If your uncle bought property from a foreclosure sale subject to a senior lien, and didn’t pay off the senior lien causing the senior lien holder to foreclose on him, and there are surplus funds from the second foreclosure, those funds belong to your uncle now.
The property may be in foreclosure due to non payment of mortgage as well.
I understand that the surplus is to go to the title holder but I don't understand how to start that process or how to make the motion to have the trustee send the funds to me.
answered on Jun 1, 2023
The attorney who handled the foreclosure for the bank receives the money on behalf of the bank at the foreclosure sale. Based on the condition of the title, the foreclosure attorney will either release the funds to the former titleholder if there are no other claimants or turn the funds over to the... Read more »
I’ve had one from the last office handling the foreclosure and two from the mortgage company. They all have the same date that the quote is good through. Can they do that and when I get the money which one do I use?
answered on May 26, 2023
Wife can convey her title interest to her Husband anytime prior to foreclosure, but it is still subject to the secured mortgage debt. It would be another reason for the noteholder to foreclose.
Husband filed a DV Injunction and a Judge gave him temporary possession of the home and put me on the streets and wasn't making payments on the house or the home equity line of credit. I dont know what he told the post office but they returned my mail and anything with both names on it, they... Read more »
answered on May 22, 2023
The judge in the divorce case cannot put a stay on the foreclosure, generally. However, the judge can order one or both spouses to make payments. If either spouse fails to make payment, the judge can hold that party in contemp of court.
To stop the foreclosure, you need an attorney to... Read more »
Home was recently foreclosed and sold back to lender at sheriff’s auction. The premiums had been paid by the lender but I received a refund check for insurance premiums made out to my husband and I. Is this check actually for us or do I need to send it back to insurance company?
Another man send me a summons. Is this legal?
answered on May 15, 2023
You should have received notice of the non-judicial foreclosure by certified mail at least 30 days prior to the sale being conducted. The notice is also published in the newspaper. You can typically check for the foreclosure notice online to see if your house was up for auction. The summons would... Read more »
My ex husband passed away over a year ago. I was named the administrator of the estate on behalf of my two children with my ex. There were no assets other than a home which was recently foreclosed upon by the mortgagee. The house was recently sold and there remains a surplus of approx. $38,000. I... Read more »
They cashed his checks every month said dont worry then they demanded it after taking checks hes house is foreclosure sale june 5th they said we need to be out. This is going kill this gu. Seems just wrong saying its okay and cashing his monthly payments???
Richfield Minnesota. Girlfriend... Read more »
answered on May 13, 2023
I am sorry, but you don't provide much information. Who is they? Is the 98yrd old ww2 Veteran alive? Who are you?
How can we postpone the sale date?
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answered on May 11, 2023
If your home is in foreclosure and you have successfully obtained a refinancing option, but the closing date falls one week after the scheduled sale date, there are a few steps you can consider taking to potentially postpone the sale:
1. Contact the lender: Reach out to your lender... Read more »
I would like to know which laws in Pennsylvania mirror the following laws as listed in the question from the state of Georgia.
OCGA § 44-14-162.2 (a) ,
OCGA 16-8-102 (5) ,
OCGA 16-8-105 (a) & (b).
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answered on May 12, 2023
I'm not licensed in either state, but I like a puzzle/challenge as much as the next guy:
OCGA § 44-14-162.2 (a) relates to Mechanic's and Materialman's Liens in Georgia, which requires a notice to be sent to a contractor or property owner before filing a lien claim for... Read more »
If sate law specifically requires sale and/or auction of foreclosed property at the location of a self storage business, but local code/law/regulations of said business specifically prohibit the same, how do you recoup your revenue losses and/or dispose of the property legally?
I was in a relationship sense December he wanted to get a car and asked me to be a co signer. Come yesterday evening they left the state with the car dumped me and has no plans to return. I live in Ohio and I do not have much money and my credit is already bad and we got the car from Kia
I spoke to an attorney a few years back who advised if I wanted to pursue the property I should be prepared to spend thousands & thousands of dollars which I'm not prepared to do. My question is do I just wait for everything to play out and be contacted by the courts on the outcome.... Read more »
answered on May 9, 2023
If the property is in foreclosure and you have an interest in the property (not clear from your fact pattern, since you said your mother's husband owned the property) you most certainly do not want to wait to see how everything plays out.
The court will only contact you for things... Read more »
In Denton, Texas
answered on May 9, 2023
The grantor is the current owner of the home.
The grantee is the person or business entity to which the owner is transferring the property in lieu of foreclosure, often the lender or an entity affiliated with the lender.
At auction due to a death and the property to be considered unclaimed
answered on May 9, 2023
Your question is not clear as to the type of auction involved. There is no right of redemption after a foreclosure sale in Georgia. If this was a tax sale, redemption can occur until such time as the tax sale purchaser forecloses the right to redeem, which cannot occur until one year after the... Read more »
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