Lis pendens | A term meaning “legal action pending” that gives notice of an action or proceeding affecting the title of the property.
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Author: adminnfc
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Hayward California foreclosure
Q. How does a foreclosure affect my credit? – Ans. Well, it is serious. The lenders I have spoken with tell me it will be about a 400 pt hit on you credit score. Really foreclosure is the last resort. There are a number of things that can possibly be done before you get to that point.
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Life Estate foreclosure
Life Estate | An estate whose duration is limited to the life of the party holding it.
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Lancaster California foreclosure
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Lien foreclosure
Lien | A claim or charge on a property for payment of some debt, obligation or duty.
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Pasadena Texas foreclosure
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Lender foreclosure
Lender | He from whom a thing or money is borrowed.
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Paterson New Jersey foreclosure
Q. Can I still live there after the Sherrif sells my house? – Ans. Yes, until the redemption period is up you can live in it. But if you move out, the lender may be able to accelerate the foreclosure period and take the property back quicker because the property was
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Lease Option foreclosure
Lease Option | A lease that contains the right to purchase a property for a specific price during a given time frame.
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Pembroke Pines Florida foreclosure
What is strict foreclosure? – Not a common procedure, a strict foreclosure does not require a sale. Once the proceeding has begun, the borrower has only a certain amount of time to pay what is owed. After this time, the title reverts to the lender. Strict foreclosure has been seen in many Oregon and California cases, usually taking place regarding land contracts.