make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

a couple of minor corrections

if it is in an HOA, the foreclosure bank is not on the tab for dues for the remainder of the calander year. And if there was a lien for unpaid dues, that lien is wiped out by the foreclosure.

I am not certain that Congress passed the legislation which would allow a bank to lease reo houses. There had been talk about leasing, prior to foreclosure, a house to the owner for a period of time after the bank acquired title. That would not apply in this case.

And, it may take some months for the bank to gain possession of the property and remove Mr. Berger from occupancy of the property.

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.