No you have to pay the full amount …
September 6th, 2010 - ByPosted in
Comment posted I Have Moved My Old House Is Not Selling .can I Pay Just The Interest On It To Avoid Foreclosure? by jen_ny6.
No you have to pay the full amount due. If you are having problems then you have call your bank and make arrangements with them.
jen_ny6 also commented
- http://www.H0MEASSURE.com might be a good place to ask the same question.
Recent comments by jen_ny6
- What Does Pld: Notice Of Filing Commitment For Owners Policy Of Title Insurance Mean In A Foreclosure Docket?
Sounds like they have a buyer and are working on the title insurance and the committment it needs to be issued. - I Was Told That My Rental Is In Foreclosure And I Need To Find Out For Sure Where Do I Get The Information?
Your property manager is obviously not licensed because they do not know what they are talking about!!
Even if the house is in foreclosure, you still MUST legally pay the rent! You must pay until the day you move out or the day the owner no longer owns it.
You can check local court records to see if anything has been filed, but that is all you can access. The lender will not talk to you. - I Was Told That My Rental Is In Foreclosure And I Need To Find Out For Sure Where Do I Get The Information?
Legally you need to pay the rent. Your property manager needs to be in jail.
The bank that takes over your house will tell you when they have possession, at which time you stop paying rent and move out.
Being “in foreclosure” doesn’t mean much, and there is no action you need to take at this time.
You will have to ask the owners what is going on, the bank will not tell you the status, it is not any of your business. - How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure?
Average 3 to 4 months, but some people are 6 months past due. - How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure?
Usually about 6 months
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2 Responses to “No you have to pay the full amount …”
November 21st, 2009 at 9:06 pm
http://www.H0MEASSURE.com might be a good place to ask the same question.
November 22nd, 2009 at 3:52 am
No you have to pay the full amount due. If you are having problems then you have call your bank and make arrangements with them.