Foreclosures Help Information

Posts Tagged ‘house foreclosed philippines’

Foreclosed Philippines

Question: I was looking at foreclosed lands at a bank in the Philippines. I saw one, and paid the reservation fee.?

But I found out that there is a tenant in the land, and that the tenant is the land's former owner. Also, the former owner was just about to buy back the land; I was only about one or two weeks early.

Should I pursue the land? Or should I look for others and avoid this potential court case?

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Answer: Sounds a bit complicated to me ... I would avoid.

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House Foreclosed

Question: My house was foreclosed in 9/2006. How can I find out if the house was sold for the amount owed or if I owe?

The payoff on the house when foreclosed was about $120K, without $20K of that being fees?

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Answer: contact your local register of deeds (most you can look it up online) and have them search for the deed from the sale. It should have the sale amount there. You can also look up the property in the tax records, it should list the purchase price there, however if the house has sold since then then the numbers will be for that sale. You best bet is to look up the deeds

Homeowner Destroys House Before Foreclosure