Foreclosures Help Information

Posts Tagged ‘house’

Ohio Foreclosed Homes For Sale

Question: Doesn't the court have to notify us when our house has been foreclosed on and set for Sheriff's sale?

Our home was foreclosed on. We open all of our mail from the court and the bank's attorneys. We do not have an attorney ourselves. We found out by checking the court computer system that the order of foreclosure was signed by the Judge in November but we NEVER received notice of any kind. Today we got notice that the home was set for Sheriff's sale next month and again, we NEVER got any notice. This doesn't seem right. We are in Ohio. Is this allowable and if not what can we do?
To clarify - it was foreclosed in court. We found out about the sale but did not receive notice from the court or anyone else. We don't contest the fact that we have to leave, we are just trying to make plans and that is hard to do when you aren't getting the notices that we are legally entitled to. Even poor people in debt have rights.
Foreclosed by the bank.

Answer: Well you should have known that you didn't have much time left if you weren't paying the bills. But if You were paying the bills and everything then you have a case. The letter saying that it was set for sale is the forcloser notice. It is perfectly allowable because you weren't paying your bills and that is what happens to people who don't pay. Sorry that this is happening to you, but there isn't anything that you can do.

Galloway Ohio Home For Sale (866)830-1620 x 2300

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Foreclosed Homes For Rent In Nc

Question: real estate advice, renting a pre foreclosed upon home?

I need help... We are in the state of Florida and have been served with pre foreclosure papers as John and Jane Doe, tenants. Our landlord has given us a song and dance and has told us that he will hold us to the end of our lease, being July 1, and he feels there "should" be enough time. I have a high school Jr. and Sr. I would like to move out. What are my rights? We have been relocated due to a military move and really need to stay in the area. We have spoken with the bank as well as the attorney for the bank and were told that the landlord did not reply within the twenty days. They were up last month. The bank said they are simply waiting on a court date. I honestly can not live like this and find it hard to believe that the landlord has so many rights. I have always paid my rent, I just want out of this situation. I own a home in NC with tenants and could not imagine placing them in this situation.

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Answer: Yes, the landlord can hold you to the original rental agreement as long as he is the owner of the house. I know it's tough, but you should stay as long as you can. Make sure you give the correct notice to the landlord that you will be moving out the first day the lease expires. Then about two months prior, start looking for a new place. You should be able to sign an agreement one month early for a move-in date of July 1. So really, you just have to wait until 1 April to start looking and planning your next move. If necessary, try to find an apartment in the area so your kids can stay at their school. Hang in there! The banks take lots of time to go through all their paperwork, so you should be okay.

Charlotte Real Estate Homes Communities

Stop Foreclosure Eviction

Question: fannie mae evictions?

I'm currently living in a property that was lost in foreclosure in late nov.2008 on DEC. 4 I received a 60 day notice. I found out 2 weeks ago the property was Fannie Mae owed since they stopped foreclosures and evictions till march 6, 2009 will the 60 days start counting after march 6 or by that day I have to move. I contacted the agent in charge of the property and told them I'm interested in renting the property from Fannie Mae and he told me I was better off moving instead. What can i do to find out more i tried calling Fannie Mae and was told i need to get the info from the agent in charge of the property please help
I am located in California

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Answer: You don't say where you are located, and Fannie Mae may have more incentive to rent a foreclosed property in your area than where I am.

I suggest that you call the agent again, and get his/her address and send, in writing, your interest in renting the property. You might send a copy of the letter to the agent's broker and if you have a mailing address, send it to Fannie Mae as well. [If you work your way through the Fannie Mae system, you may even be able to get the name of the representative who handles the foreclosure properties in your area.]

Things have changed a lot since I was an asset manager for Fannie Mae properties for my broker. It is possible that if the property is rented out, the agent may have to service the rental listing which is a pain if s/he is a selling agent and receive a minimal fee for the effort. Or, the agent may have the property removed from his/her inventory and not have the chance to sell it and actually earn a commission.

Or, the agent may be a straight shooter. And actually helping you by saying that dealing with Fannie Mae as a LL is a major pain.

Only one way to find out.

Good luck.

Eviction Foreclosure, Stop Foreclosure, Foreclosure Help