Life After Foreclosure – Excess Proceeds
Life after foreclosure does exist, and there may even be an opportunity to get some money back into your pocket. While not available in all cases, a homeowner that has equity in their house at the time of foreclosure, meaning they owe less than the house is worth, is entitled to the Excess Proceeds of […]
Real Estate Law Questions: Can I Back Out Of My Purchase Contract After It Was Signed By the Seller?
The deed is done. The contract has been signed. Then something comes up which puts you in a bind. You’ve had a change of heart on the property or the money stream you thought you’d have is gone. But its too late, the deal is signed. You then begin to ask “Can I back out […]
Questions and Answers: Received Notice Of Trustee’s Sale, Can I Stop Foreclosure?
The first thing you must realize is that you have 90 days from the date the notice is recorded. That means you still have about three months before the house is sold. You still have time to act, but you must do so immediately. So, you need to act, but what should you do? You […]