Posted on November 13, 2009The Eviction Process After Foreclsoure
Despite having six months to a year to live mortgage free, some borrowers are just not financially able to move when required by the courts and the purchaser at the auction.
Sheriff Articles
Posted on November 5, 2009Limitations on Awarding Deficiency Judgments to Banks After Foreclosure
With the anticipation of a deficiency judgment, borrowers may feel like they will never be able to move on after foreclosure. However, this is simply not the case. The potential for a deficiency judgment can be very small.
Posted on November 5, 2009Yes, it Is Possible to Reverse a Foreclosure Auction
Is there really no hope for borrowers whose homes have been sold and the auction has been confirmed? In most cases, this is not true, as there are still some remedies available to reverse a sheriff sale.
Posted on October 31, 2009Banks Sometimes Have More Incentive Not to Pursue a Foreclosure Deficiency Judgment
Homeowners are often worried about further collection attempts after a foreclosure has been completed. But in most cases, there is little chance of a deficiency judgment.
Posted on October 29, 2009The Heartbreaking Story Of Somer Thompson
On Monday October 19, Somer Thompson was walking home with a group of friends. Somer ran off on her own after being upset by a discussion about an argument she had with another girl that morning. It was the last time the 7-year-old would be seen...
Posted on October 24, 2009Ownership of Foreclosed Home Not Transferred After Auction
At the end of the foreclosure process, once all of the notices have been sent and published and the lawsuit has ended, a public auction is held to dispose of the property. Sheriff sales do not always go smoothly, and homeowners may need to find out...
Posted on October 22, 2009The Balloon Boy Controversy: Was The Falcon Heene Scare Real Or A Hoax?
A weather balloon built by a man named Richard Heene was accidentally released into the air. As it flew high above Colorado, one question remained ... was 6-year-old Falcon Heene trapped inside this runaway balloon?
Posted on October 5, 2009Using Bankruptcy to Prevent Losing a Home to Foreclosure
The Bankruptcy Code gives homeowners facing foreclosure the right to cure the default any time up until the foreclosure sale process is completed. The key word here is "process," and state law determines what the process is for a valid auction or...
Posted on October 4, 2009Should You Stop Paying Rent to a Landlord Facing Foreclosure?
When a home goes into foreclosure while there is an active lease agreement, the lease must be honored by both the homeowners and the tenants. This can be true even after the sheriff sale of the house.
Posted on August 12, 2009Miscellaneous Foreclosure Issues Homeowners Should Be Aware Of
Besides the obvious issues and methods associated with stopping foreclosure, homeowners have a whole range of issues that they must deal with. From tax sales to how the government encouraged mortgage securities, foreclosure can be a complicated...
Posted on May 16, 2008Mortgage Foreclosure Often Creates More Problems than Solutions
he questions that homeowners in foreclosure have are nearly endless. What are the consequences of going into foreclosure? Should homeowners be worried about being sued after they lose a home? If so, would it be better to file bankruptcy before the...
Posted on May 16, 2008Don't Abandon a House in Foreclosure or the Bank May Change the Locks
Especially in the case of homeowners who own multiple properties, they may find that their mortgage company has had the locks changed on a house in foreclosure. But banks may have the locks changed on a house even though they are not the legal owners...
Posted on May 15, 2008The Fear of Being Sued After Foreclosure for a Deficiency Judgment is Probably Irrational
Although many homeowners worry themselves over the possibility of being sued after foreclosure, few seem to know exactly how a deficiency judgment works. There is no way to tell for sure whether or not the bank will even be able to go after this, let...
Posted on April 30, 2008How to Avoid an Eviction in a Foreclosure
Learn how the eviction process works in foreclosure and the homeowner's rights. Discover how to avoid a foreclosure eviction before it's too late.
Posted on February 7, 2008Taxes During Foreclosure - Short Sales and Sheriff Sales
Because a gain on the sale of a property can trigger income tax liabilities, unless the gains are invested in another piece of real estate within certain time limits, homeowners assume that any sale of their home, in foreclosure or otherwise, will...
Posted on February 4, 2008How to Walk Away From a House in Foreclosure with as Few Consequences as Possible
Dealing with threatening banks, waiting weeks for attorneys to answer a simple question, being pushed off from one department to the next, and being turned down for one solution after another are quite convincing in getting homeowners just to leave...
Posted on December 14, 2007Issues to be Aware of when Facing Foreclosure
There are a number of different aspects of the foreclosure process that homeowners need to be made aware of, if they have any real hope of understanding the process and making a stand against the loss of their homes. Without at least a basic...
Posted on October 22, 2007What a Foreclosure Eviction Means
Learn how the eviction process works in foreclosure and what rights, if any, a homeowner has and how to avoid this situation.
Posted on October 10, 2007Foreclosure Time Frame -- How Long the Process Takes
The most important issue in the entire foreclosure process is that of how long it will take from the first payment being missed to the eviction of the homeowners. It is also an issue that most foreclosure victims have no idea about, and spend more...
Posted on October 2, 2007What Happens after the Foreclosure Auction
In the event that homeowners are unable to stop foreclosure from taking their homes, there is a disconcerting danger of what will happen after the sheriff sale when the eviction process begins. Only by understanding how foreclosure works and what...
