Foreclosures Help Information

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Buying Foreclosed Property From Bank

Question: Once your house is foreclosed on and you have had liens against your house do they follow you?

We got sued a couple of years ago when a kid got injured on our property. He won a settlement of $75,000. They put a lien on our house. Our house was foreclosed and sold at auction and we were evicted on Sunday. We got a note from the bank saying thank you for paying off your house. If we go to buy a new house someday does the $75,000 lien come with us or was it settled when a flipper bought our house?

Answer: Was the house sold for more then you owed? If it did then what ever was left over then it would have gone to payoff that lien. If not then the lien will follow you until it is paid off. If the house was sold for less then the amount owed you will be responsible for the difference of that also. Good Luck.

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How To Stop Foreclosure In Georgia

Question: West Georgia National Bank own my loan, how can I stop foreclosure ?

My loan is no own by Freddie Mac or Fannie Mae, and I got served yesterday , what can i do to buy some time until the end of the month and be able to move all my stuff before they lock it. thank you

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Answer: tell them to "produce the note". They CANNOT foreclose on you if they cannot prove they actually own the mortgage.

It is possible that if your loan got sold the loan paperwork is messed up. It is even possible that the bank who says it owns the note, actually doesn't.

Find a lawyer, if you can afford it, and ask about it.

There is some fraud going on in all of these foreclosures, so you might want to look into this anyways.

Barring that, simply ask for some time to get everything out.

Remember once they change the locks, your stuff is THEIR stuff, as they can legally sell it to recoup some of the money you borrowed.

Stop Foreclosure - Dalton Georgia - Bankruptcy Attorney

Buy Foreclosure Tax Credit

Question: I don't have the best credit, but can I still rent to own property, or buy a foreclosure?

Despite my bad credit, if an owner agrees I can rent to own his condo, is it possible? Or does it depend on a bank just like with any property purchase?

How does a rent to own situation work? Would I pay the property insurance, taxes, association fees, ect on the condo? Or does the owner pay these things until it's paid off?

Also, can the owner change his mind at anytime before I've paid off the balance, which would mean I've utlimately just been paying rent?

Now...if the above doesn't work for me due to bad credit. What would be the answer to the above questions if I chose to buy property that was in foreclosure?

I AM SICK AND TIRED OF RENTING AND NEED MY OWN!!!

Thanks

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Answer: I found a solution that worked for me. It might work for you too.

I had some pretty serious credit problems…some were not my fault and, I guess, a few were. I listened to the so-called “experts” who said they could fix my credit report and I spent money I didn’t have. I didn’t have any luck trying to get my credit report fixed.

I remember paying for the services that these Credit Repair Companies had to offer. The companies told me that they could have negative items removed from my credit reports without any problem, Yeah, right. This did not happen at all. Most of the companies wanted to charge me a set up fee anywhere from $39 to $299 for their services. Not only did they charge this set up fee, most of them also wanted to charge me from $29 to $49 monthly while they “attempted” to repair my credit report. These companies offered no guarantee that their services would actually work and, believe me, they didn’t.

I was about ready to give up when I found a lady who had been through the same thing and who had found a solution. She figured out how get all the negative items removed from her credit report within 3 months without paying anyone a penny. She developed a fast, easy, step-by-step process that she guarantees will work for everyone. She sells the complete plan with all the help and instructions for $47.00.

I know what you are thinking…”another $47 down the drain,” and that’s kind of what I was thinking too. But, I figured that since she offers a 100% money back guarantee I had nothing to lose.

Well, I tried it and it was amazing. I got all of the negative items removed from my credit report and my credit score went from 553 to 715 in only 3 months. All I can say is that it worked great for me. I suggest you check it out. You can always get your money back if it doesn’t work for you. If it works even half as well for you as it did for me you will never even think about asking for a refund.

The information is on this site: http://clean-credit-secrets.com/

First Time Home Buyer Program, $8000 Tax Credit, Buy Foreclosures Cheap with FHA Mortgage