 Renter's dilemma...can he evict me? |
| Rent is due on the 15th of every month and should be made by money order and mailed to a p.o box. I mailed my rent payment on the 16th and on Sat. the 25th he comes to my home and gives me a 3 day &... |
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 How does a person with a credit score of 560 get a loan to purchase a home for the first time? |
| My husband and I want to buy a house but our credit is not the best, and we live in Las Vegas, NV. What kind of govenment loans are there for first time buyers with less than perfect credit....anyone?... |
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 On my door tonight I found a notice "Immediate Termination Notice"? |
| Placed on my door while I was sleeping (I work nights) this notice is ordering me to vacate the property because of threatening and intimidating behavior towards management. Mind you I don't see ... |
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 Can someone please explain to me, why a mortgage company would not want to finance a "flipped" home? ? |
| We bought a home as an investment to "flip" and now the buyer's mortgage company is asking why we flipped it and I am wondering what the problem is? They told me the bank does not ... |
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 Is the agent lying to me? |
| I recently put in a low starting offer for a house I love. I gave it to my agent to give the listing agent/also the home's owner. Well she came back to me demanding my biggest and best offer, ... |
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 Can a landlord evict a couple with a noisy, colic 2 yr old because of recent complaints? |
| We try everything to keep her quiet but she's too young to understand and we just got a 3rd written warning stating the next time it would be eviction. Can a landlord legally do that because of ... |
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| Compare owning a house to apartment rental. What are the advantages and disadvantages of each ? How does an individual's housing needs change over a life time ? Please be specific. Thank you ... |
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| We have lived in this house for only 3 months, since we first moved in we have not been late with the rent at all. My landlord has called to ask me for the rent every month since we signed the lease.... |
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 Can I sell my flat with negative equity? |
| I bought a flat in the UK for £150,000 just over a year ago and got a 100% mortgage. I haven't paid any of the mortgage off yet as it's interest only which means I still owe £150,000. I ... |
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 Is three people enough for a two bed apartment? |
Still Thinking about it! We are all 19 yrs old
One of us has a PT job. the other two are still looking
When all of us get a job. can three people who make 7.75 an hour be able to pay for ... |
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 Why do people rent houses? Are they dumb? ? |
| Why not buy? It costs the same for my mortgage payment as it would cost for me to rent a place. Was da deal?... |
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 We want to buy our first home in Georgia (it's $189,000), our combined credit score is probably 700. Help!! |
| Ok, so right now we are renting an apartment. Our monthly expenses without rent are maybe $1000. The house we want is in Stone Mountain, GA and price is $189,000. We are first time home buyers. M... |
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| would this be a good time to start property Development as i found a really cheap one that i can do up my self as im a ... |
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 Is there a site where i can find out the price of houses in one street? |
I need to know what my house is worth without getting anyone in,is there a website where you can put in your post code or something and it will tell you roughly the cost of houses in that road?
... |
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 Can I Sue for Untimely Return of Security Deposit? |
| When I moved out of my apartment, I gave my landlord the incorrect forwarding address to return my security deposit. However, before they mailed out the check, I provided them with the correct ... |
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 Unemployment and getting a mortagage loan? |
| Does anyone know if I could get a mortgage loan while on unemployment?... |
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 Job as a real estate agent? |
| I've heard that in their first year that real estate agent's don't make very much and I was wondering if any agents out there can give some advice on whether I should get my license ... |
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Kellie S | If you owned a house and lost it to the bank and it sells for more than was owed, are you entitled to any? |
My exhusband and I bought a house together and both names were on the deed, but only his on the loan. He let it go back and it has sold for $5500.00 more than was owed on it. He claims he is entitled to the $5500.00. Is this true? |
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Mike N
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If The home was sold before the redemption period was up which is six months after sheriffs sale in most states, And there was still equity left after paying REALTORS,Attorneys,Back Taxes,Property preservation company,Utilities and late fees and penalties Then the remaining balance would go to Your husband but unfortunately $5,500.00 does not go far and would not pay for 1/4 of the things I just mentioned |
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Amanda H
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If you were talking abuot $50K it would be worth pursuing.
However the bank is entitled to penalties, interest and reasonalbe costs associated with selling.
They probably had to pay a REALTOR and the title fees, escrow, etc.
Don't expect to see a dime. |
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alexlamb@btinternet.com
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no you are entitled to half of the profit as you wre on the deeds so that say you owned half it doesn't matter that only his name was on the loan its the assets that matter i think you should find a good solicitor but you need to be aware that they can cost alot to it depends if you want to forget you was married to him or fight him for what you are intitled to personally i would walk away with my head high and not scoop to his level because money isn't the answer to hapiness |
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flywho
 |
no.
Once the house has been repossesed, the bank owns it and any profit they make from it. |
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Skip
 |
If the property was sold at the sale or auction and the winning bid was in excess of the loan amount and all foreclosure fees and other fees the mortgage company had to pay out to collect the balance due on the loan, what ever is in excess belongs to the person that was in foreclosure.
Now since your husband's name was the only one on the mortgage, guess who will get a check made out in his name?
Now if you think you are entitled to anything you should look at the divorce decree and see if you were entitled to any portion of the house if it was sold and if so how much.
If not then you will have to see if he is willing to give you something from the proceeds.
If not and you still think you are owed something there is always judge Joe Brown, Gregg Mathias, Judge Judy or the closets small claims court in your city.
I hope this has been of some use to you, good luck.
"FIGHT ON" |
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abfabmom1
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No, you have no rights to it.
The key thing here is that your husband didn't own the house. The bank owned the house. Your husband was making payments on it, so that he could own it after 30 years, but apparently stopped making these payments, thus forfeiting his right to own it later.
The bank is entitled to make as much money on it as possible, in particular, as it will cost them a significant amount to process the repossession and subsequent sale of the property. |
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mazziatplay
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If the property was foreclosed on a trust deed foreclosure rather than a judicial foreclosure both your and his rights were extinguished by the foreclosure and the bank is entitled to retain any proceeds of sale. |
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sexytrojan
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That money goes to the bank. You both lost the house. |
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LaTonda B
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No. |
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major b
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I am going to go with no on this one. |
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InquiringMinds
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No. If you lost it to the bank, that means the bank is the new owner. You are not entitled to anything, as you did not own the house when it was sold. The bank did. |
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whatelsewhatever
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Don't forget the attorney fees etc the bank has incurred. They will also have to pay for some of the closing cost and fees when the new buyers close. I am sure the loses are far more than $5,500. |
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