Foreclosures Help Information

Posts Tagged ‘Furniture’

Foreclosed Furniture

Question: When the bank forecloses on a house, do they own the belongings inside of the home as well?

I have a roommate who owns the house where I currently reside, and it is headed for foreclosure. I have no ties to the mortgage or any other bills for the house. My question is, if the house is foreclosed upon, are my furniture and belongings at risk of being confiscated? I live in North Carolina, just in case it might vary from state to state.

Answer: The bank does not keep the stuff inside the home. The people will be given a move out day. Now if you leave stuff in the home after that date the bank can toss it then.

If I were you I would move out now and find someplace else to live. No reason for you to deal with this.

N. Hollywood House Foreclosure-priced

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!