Sentences with phrase «occur during the foreclosure»

Depending on local law, mortgage lenders may be required to secure abandoned properties and abate nuisances and hazards that may occur during the foreclosure process.

Not exact matches

Foreclosures are not allowed to occur during the marketing period if the seller is making a real effort to sell a home.

Homeowners who lost their homes to either a foreclosure, short sale or had a bank «forgive» part of their mortgage principal (this could have occurred during a loan modification) used to have to pay income taxes on any money that their lender agreed to write off.

• FHA Loans are mortgages insured by the Federal Housing Commission (FHC), originating during the staggering amount of foreclosures and defaults that occurred in the 1930's when Depression Era struggles and abandoned homes were the norm across the United States.

The foreclosure home could be vacant for months, even years, during which mold or water intrusion can occur.

With the exception of TX, where an automatic stay occurs on non-judicial Foreclosures during probate (I think), it's a race between parties.

Others are saddled with bad credit from foreclosures that occurred during the bust.

The second stage occurs during the final month leading up to foreclosure.

7.8 million foreclosures occurred during the 2008 housing crash and the country sunk into a severe recession.