Comments for Foreclosure Avoid

Comment on Any Such Thing A Foreclosure Protection For People With Disabilities? by pete

pete — Fri, 05 Mar 2010 01:26:26 +0000

Before you try to use the courts to squeeze your ex, you should really think about looking into a countersuit against your bank. by the time finally enforces the court order against your husband you will lose your house. I am helping people with there foreclosure situation. I don’t mess with loan mods that do not go through. I have studied the foreclosure problem for two years, I can show people why the bank CANNOT foreclosure on your house just in the complaint filling. My e-mail is fourgirlsbagby@hotmail.com

Comment on How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure? by daddeo01

daddeo01 — Mon, 01 Mar 2010 13:14:27 +0000

Average 3 to 4 months, but some people are 6 months past due.

Comment on How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure? by knowital

knowital — Mon, 01 Mar 2010 12:06:19 +0000

Usually about 6 months

Comment on Short Sale Vs. Foreclosure? by Alterfem

Alterfem — Mon, 01 Mar 2010 07:13:01 +0000

Pretty much. And are you aware that the lender can file a 1099 form with the IRS showing you received the difference in the sale price and mortgage balance of taxable debt-forgiveness income?

Comment on How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure? by old doughboy

old doughboy — Mon, 01 Mar 2010 06:21:30 +0000

will i lost a house due to forclosure it take about for month and it will take about three month that untill thy want you out

Comment on How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure? by dheeruya

dheeruya — Mon, 01 Mar 2010 05:44:36 +0000

The foreclosure process normally takes 4-6 months depending upon various factors. For more information just check http://foreclosureworkouts.info

Comment on Short Sale Vs. Foreclosure? by glenn

glenn — Mon, 01 Mar 2010 01:44:07 +0000

It will be much better than a short sale on your credit. There may be some remaining money problems because of how the shortage will be treated by the mortgage company, but the shortage would be much more dramatic and treated just as bad or worse in the case of a foreclosure.

Comment on How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure? by gadfly

gadfly — Sun, 28 Feb 2010 22:58:46 +0000

it depends on the state. different states have different laws as far as how long lenders have to wait before lis pendens and foreclosure proceedings.
there is a special court that gets involved as well and sometimes the court can intervene to mediate and avoid foreclosure. some states have more protections built into this process as well

Comment on How Long After You Stop Paying Mortgage Do They Put Your House In Foreclosure? by techbank

techbank — Sun, 28 Feb 2010 22:42:33 +0000

It varies by your willingness, the state your’re in and the loan you are working with. If you are willing to “walk away” from a house but do not have a buyer, then a foreclosure is probably a 3 – 4 month activity.
If you have a potential buyer but it’s below what youw but still reasonably fair (the banker determines market value, but assume its “in the range”), it would be less than 3 months (about the normal time of closuing plus about 2 – 3 weeks).
If you are unwilling to leave and want to fight it… it could take 6 – 12 months or more depending onthe housing laws of the states. Also, some states have put a moratorium on foreclosures so that banks can’t do them, which means they could only likely do a compromise sell.
Hope that helps.

Comment on Short Sale Vs. Foreclosure? by caretake

caretake — Sun, 28 Feb 2010 21:03:39 +0000

much better than forclosure