I bought a property from “X” company in Florida 2 yrs. ago for “X” amount of money. Today, the same company is selling the same type of property at $100,00 less. I understand the market value dive, but is that legal? I mean, is that fair, legal to so many of us that bought at a higher price? If this were Stocks in the Market I will understand…
I’ve been reading about some mortgage companies filing for bankruptcy so what would happen to your house in that situation? Would you get to keep it? Do you automatically lose it? Who would get it in that instance?
Does the company just pay for the taxes on the land? or on all the houses? The renters are subsidized.
If I drop something, lets say a computer or TV off at a repair shop, how long before they can sell it if I don’t pick it up?
What is the lowest possible amount a mortgage company will allow you to insure a house for flood insurance?
Would it be the cost to replace the property or the amount of the loan? any one know about this?
I work for a contracting company and recently we changed the roof on a house that was damaged by a storm. The insurance company sent a check to pay for the work done on the roof. The check was drawn out to the owner of the house and the mortgage company, the owner told the mortgage company to keep the money from the insurance settlement to pay for his past mortgage payments and now the owner has not paid us (the contractor) and the mortgage company refuses to hand over the proceeds to us (the contractor), when the roof has been completely repaired. Is this legal?
I just moved back to California and am looking to rent a home with three of my friends. Everyone has good credit and has jobs. Since I just moved to the area I don’t have a job yet. However, I have a good amount of money in the bank and am capable of making good money. I can proov both; just wanted to know if this would cause a problem with qualifying?
My dad’s house got foreclosed last year. We moved out after the county told us to, but could not afford to pay off the house’s utilities (Electric and Gas) when we moved. The bills started coming to our new apartment after we moved in. We cannot afford to pay them. We also have received a “lawn mowing fee” from the city after we moved, as well as the bill when the street was renovated 15 years ago that we could never afford in the first place. Can the mortgage company pay these bills since they now own the house?
I havent missed a payment yet but I am planning on moving within 4 months.I will let the house go with March being my last payment.Is there anyway I can help my mortgage company expedite the foreclosure? This is probably a strange question but I would like to know if it is possible to get the house out of my name within 4 months.
I know it will affect my credit but I cant sell the house because it is worth way less then what I bought it for.