Nothing happens. You still get the money in your account. They just want the house, not your money.
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
No. Once a deck is installed it is "real property" and becomes part of the real estate. If it were just "lumber" & blocks it would be personal property but once built and attached to the land or house it becomes part of the property.
The amount that the bank forgave the difference from what you owed and the house is worth will be issued to you on a 1090 form and you will owe tax on that amount.
If your husband has a will then his property is distributed accordingly, if he not have a will then the distribution of property is determined by a probate court.
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
Nothing happens. You still get the money in your account. They just want the house, not your money.
If a house has been foreclosed the lender has taken possession of the property and the borrower no longer owns it. Therefore the former owner has no right after the foreclosure to enter the premises. Arrangements to remove personal property should be made prior to the foreclosure sale.
Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.
I believe that a lien on a property stays with the property, not with a person. The purchaser of the property will be responsible for any liens to get a clear title.
As long as your landlord has control of the property he still has the right to collect rent: whether the house is foreclosed is between your Landlord and his mortgage lender. If the property is taken over by the mortgage lender they may ask you to leave. There may be some form of protection available for you, the Tenant, before you are forced to leave. Get legal assistance as soon as you learn about the foreclosure so that you can be prepared for what's next. You may or may not be required to leave soon.
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
Liens are due when the property is sold, and are the responsibility of the seller(s). A foreclosure is not a sale.
Check the laws in your state, but NO, they cannot. Your old house secures the mortgage on THAT house. Nothing else.
When the bank foreclosed on the house, they took it back. Now it's time to move out.
Homes are foreclosed on by the lender. The title to the property is obtained by the lender in the foreclosure process and then the tenant is evicted by legal action.
No, I can't