Easement | A right of way allowing someone to cross over another’s property for certain purposes, such as power lines or water mains.
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Author: adminnfc
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Earnest Money Deposit foreclosure
Earnest Money Deposit | A deposit made by a purchaser of real estate used as a down payment as evidence of good faith.
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Oxnard 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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Due Diligence foreclosure
Due Diligence | Such a measure of prudence, activity, or assiduity, as is properly to be expected from a reasonable and prudent man under the particular circumstance.
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Fontana California foreclosure
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Due-on-Sale Clause foreclosure
Due-on-Sale Clause | A clause in a mortgage which requires that the mortgage be paid out in full upon the sale of the property.
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Amarillo Texas foreclosure
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Columbus Georgia 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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Disclosure Statement foreclosure
Disclosure Statement | Document disclosing the terms of a loan.
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Moreno Valley California 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.