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 How often do you have to pay property tax when you buy a house
...


 Would you rent an apartment (or house) in Argentina for a vacation?
Or if not Argentina, where else would you consider renting? I just want to see how many people would be interested in this type of thing....


 Apartment problems?
i rented an apartment with my b/f i signed a one year contact which is up in oct 20 2007 i cant stand to be with him ne longer..so if i abonden my contract what consequenses will i have?.....


 Renting v Buying?
A question for home owners or renters!!

At the end of the year I will be moving out from my parents (for the 2nd time) since this time I can now afford it.

However, I am unsure ...


 Is it possible to buy a home or condo with absolutely NO money beforehand?
no downpayment, no closing costs, ...


 Empty apartment and these?
hi. i'm in small apartment building. there is a apartment next to me and it is empty. now the manager is trying to clean it but leaves the door open!!!! now these strange teens, men, hookers, ...


 My roommate got a $400 credit on our rent because he resigned for another year, should I get any part of that?
OK, so the backstory here is that my roommate lived alone for a year in our current apartment before I moved in. He then was offered a $400 resigning bonus to sign another year on the lease. When ...


 Is it generally a bad idea to rent a room from a stranger?
i am looking for a place to stay. i have found a room to rent down the street from where i work. the rent is right and everything, but i just dont know what it will be like living with some one i ...


 What would you do with $200k?
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 Is a document legally binding if I signed it when I was a minor?
I signed a lease for an apartment when I was 17 because the leasing agent didn't even check my birthday on my drivers license. I hate living here it sucks. Is my lease even legally binding, and ...


 Do I go with CountryWide for my first mortgage?
My husband and I have lived in apartments for the past 10 years of our marriage. However with the recent adoption of our daughter, we want to "settle down" into a home of our own. We ...


 What is the best thing to do when you are behind on mortgage payments and you can't re-finance?
no re-finance because of Bankruptcy
arm loan is up and interest going up to 9.39% and every six months after that up or down a point....


 Can I get any personal loan from any bank without mortgage anything?
Im 25 yrs.indian citizen.can I get any personal loan from any bank without mortgage anything?and if yes,than what is the limit?and what are the requirements?...


 How do i get loan on a forclosure on my house?
My husband was very ill this summer he was off work for 4 months so we got behind on his mortgage now they gave us 30 days or forclose and he has lived here for 17 years, how do we get a loan on our ...


 Doing my own home inspection vs. hiring a professional.?
So I'm buying my first house soon, been bargaining and unless I'm outbid over the weekend, we should have settled on a price.

Now I'm not just rolling in dough, so $300 for ...


 I want to purchase my first home I have bad credit can any company finance me a loan?
...


 Breaking rental lease?
Can you break a rental lease (no penalty costs) in an apartment if you show mortgage papers if you have purchased a new house? I live in the state of Oregon and planning on buying a home in Florida....


 Do I need to buy Title Insurance for my condo? What is the risk?
I am buying a condo in a new development and paying cash for it. I understand that mortgage lenders require title insurance, but that isn't an issue here. I understand that the insurance is ...


 How old is your house?
...


 Can my landlord ask for 5 months rent to break my lease?
Is it legal?...



Baby #2 due 2/20/09!!
If a home is foreclosed on, is the homeowner liable for any repayment of the loan?
If they receive less than what is owed, could the owner be sued for the difference?
                     
 




Brian M
They sure can. It's called a Deficiency Judgement Suit.


frankie b
Yes they can


Culture Warrior
Rating
Most banks will go through a foreclosure with redemption which will allow the bank to sue with a summary judgement.

They will sue the crap out of homeowner if there is a deficiency.


VegasRealtor
Yes.


kakesfriend
Rating
Yes


chatsplas
Rating
Yes. You signed a contact, took a loan, agreed to repay it. Your selling the home for less than you owe has no bearing on what you owe. They can sue you for the rest you owe or give you a 1099C, forgiveness of debt. Bush may give some relief in his stimulus and mortgage relief efforts.


jvr1
Yes I believe the owner can be sued for the difference. It think it depends on the state though. You would want to mabey do some research online for your particular state laws.


William H
Rating
Check the mortgage/deed of trust to see if the loan is recourse or non-recourse. Non-recourse notes means they can not come after you personally. Most home loans have you personally guarantee the note.


Amanda Beth
Rating
It is all dependent on why & how the foreclosure takes place. If there is no money there is really nothing to sue for, but the chances of getting any other loans for anything will be affected greatly.


Mark C
Yes, you agreed to an amount, not just a value in a house.


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