In What Type Of Foreclosure Is The Lender Required To File A Court To Order The Borrower To Pay The Mortgage Debt By A Certain Date Or The Lender Will Automatically Gain Full Title?

In What Type Of Foreclosure Is The Lender Required To File A Court To Order The Borrower To Pay The Mortgage Debt By A Certain Date Or The Lender Will Automatically Gain Full Title? Question Answer In what type of foreclosure is the lender required to file suit asking a court to order the borrower

What Happens To Down Payment In Foreclosure?

What Happens To Down Payment In Foreclosure? Will I Get Money Back After a Foreclosure Sale? If a foreclosure sale results in excess proceeds, the lender doesn’t get to keep that money. The lender is entitled to an amount that’s sufficient to pay off the outstanding balance of the loan plus the costs associated with

What Happens After The Bank Foreclosure On Your House?

What Happens After The Bank Foreclosure On Your House? Foreclosure actions can wipe out some of the property owner’s debt, such as the original mortgage, home equity loans and second mortgages. If the proceeds of the foreclosure don’t cover all the costs of your second mortgage or other home equity loans, you are still obligated