The short answer is that a 90 day notice is required. A good summary can be found at:
h ... more
The simple short answer is yes, if the senior lien forecloses and the value of the house is less than his lien, your lien gets wiped out.
Both Mark and Terri offer soun ... more
Clearly, you do need to look at the implications of walking away which would be
Not a prudent step.
Prudent to talk to you accounta ... more
In California we use Realtors.
We feel an Attorney will get you out of trouble.
A Realtor will keep out of trouble.
My husbands business for the past 2 1/2 years has been cleaning and repairing bank owned homes.
We don't receive "contracts" from the banks. We receive guid ... more
There are a couple of different ways you can buy a foreclosure. One way is to show up at the auction they have to complete the foreclosure process and bid but this is v ... more
With all due respect to Scott's answer, I specialize in listing and selling REO's. His answer number 1 is on the money. Number 2 and 3 are where we differ. (I do know ... more
My name is Allyson, I do specialize in bank owned and short sales properties. With interest rates still very low this is the perfect time to buy an REO. I really take the time ... more
Have your agent check with the Title Company to make sure (s)he has the most up-to-date preliminary title report. If you are purchasing an REO, then, most likely, the bank woul ... more
Check the website for detail information
There is a new law in California. If you are the previous owner then you have 30 days to remain after foreclosure. If you are a tenant in the property then it used to be ... more
I work with RE investors on many different levels, from single to multi units properties, large development projects and small fixers. I have access to contractors, handymen ... more