Sentences with phrase «owner after foreclosure»

The most basic form of nondisturbance and attornment agreement assures the tenant that the mortgage holder will not disturb the tenant's possession as long as the tenant is not in default under its lease and the tenant agrees to recognize and treat the lender (or other owner after a foreclosure sale) as landlord, i.e. «attorn.»

You may be a lender, but there's always a chance you will become the property owner after a foreclosure.

Not exact matches

Foreclosures are property that are being sold by the bank after the former owner was unable to pay for their bank loans.

The Boulevard Mall, the oldest enclosed shopping mall in the WNY region, has a new owner after Forest City Enterprises gave up control rather than go through a foreclosure.

My husband and I stumbled upon a house in Georgia, It was supposedly foreclosed, but when we made the offer at the beginning of march, we found out CW never actually followed through foreclosure with the previous owner, so after coverting to short sale, the previous owner accepted our offer, but we all know with CW that doesn't mean JACK.

seems to me me at this point the sellers attorney would be buying time to push for foreclosure so the home owner won't owe anything after all at this point the bank has no idea that my offers even exist.

Even after your home is finally sold at foreclosure, it may just sit there for several more months — with you in it — before the new owner finally gets around to getting you out.

@Ian N. I bought an 8 unit building in foreclosure from Wells Fargo after the owner abandoned it after a tree fell on it during a wind storm.

Was this a case of previous owners of a foreclosure coming after the new owners?

And some home owners have even be able to buy again after just two years of losing their home to foreclosure.

Seven years have passed since foreclosures peaked in 2010, meaning 1.9 million homeowners who faced owner - occupied foreclosures between the start of the housing crisis in 2007 through 2010 will have met the seven - year period after which the Fair Credit Reporting Act requires derogatory information to be removed.

ABN AMRO Mortgage Group, Inc. («Lender») obtained a residential property through foreclosure after the prior owner had defaulted.

This was the federal law that allowed Florida home owners as well as home owners across the country to legally exclude from their income taxes any amount that was forgiven by the bank (on principal residences) after a mortgage loan modification, short sale, or from a foreclosure.

Florida home owners fighting foreclosure, and foreclosure defense attorneys, and Florida lawyers helping with short sales for that matter, may need a bit of good news after dealing with the ramifications of the Florida Supreme Court's decision in Pino v. Bank of New York this month — and we're getting some from lawmakers in Tallahassee -LSB-...]

Florida home owners fighting foreclosure, and foreclosure defense attorneys, and Florida lawyers helping with short sales for that matter, may need a bit of good news after dealing with the ramifications of the Florida Supreme Court's decision in Pino v. Bank of New York this month — and we're getting some from lawmakers in Tallahassee and Washington, D.C. on proposed new laws that will help home owners get those short sale deals done and finalized at the closing table.

These decisions will hang over the Florida home owner's head for months and months — if not years and years — but the thing that most Florida home owners may not realize is the minute that lose their home at a foreclosure sale (and, in some instances, after a short sale), they will be facing loan collection efforts.

But with no such extenuating circumstances, these former home owners may have to wait longer, even up to seven years following a foreclosure or four years after bankruptcy, the article notes.