Sentences with phrase «right after foreclosure»
You should know that in some states banks have the right after foreclosure or a short sale to pursue their borrowers for more money.
http://articles.chicagotribune.com/ Not exact matches
Things like bankruptcy and foreclosure cause severe credit damage and can prevent you from doing things like buying cars and homes right after they happen.
Like with any credit issue, rebuilding credit after foreclosure requires diligence on behalf of the consumer, but taking the right steps is also critical to saving time and money — after all, the quicker your credit is fixed, the lower your deposits and interest on monthly payments will be for any new loans.
After all, you have to understand the foreclosure process in order to avoid it, right?
After 45 or more days a creditor with a debt secured by real or personal property can petition the court to have the «automatic stay» of legal rights removed and a foreclosure to proceed.
When a borrower defaults on a mortgage loan in Virginia, the lender usually has a right to pursue the borrower for a deficiency — the amount still owed on the loan after the net proceeds of the foreclosure sale have been applied to the loan balance.
Under the Helping Families Save Their Homes Act, tenants have the right to stay in their homes after foreclosure for 90 days or through the term of their lease.
Jonathan Spears: I got into real estate right after the BP oil spill, so I was knee - deep in the recession here focusing on the foreclosure side.