Comments on: What Happens After Foreclosure? Four Possible outcomes…

By: DIana

DIana — Thu, 10 Jun 2010 22:03:33 +0000

I have a friend who lost his home in foreclosure, and then lost the UD case, and has now been evicted by the bank/landlord. It’s kind of complicated but his name wasn’t the named defendant on the UD complaint– a tenant of his was so on his behalf I filed a motion to intervene so he can be named in the UD complaint. The hope is that I can help him get in the loop—eventhough it’s obviously late in the game– and file an objeciton to the UD and a request a stay on any further litigation until after the federal action is resolved.
He has filed a federal court action (mortgagfe fraud) where the UD Plaintiff is the defendant. A hearing on Defendant’s motion to dismiss and to expunge the lis pendens in this action is set in October.
I know this is convoluted but do you think filing a motion to intervene is even a practicel course of action at this point in time and can the bank still auction off the property before the October hearing?.

By: dental hygienist

dental hygienist — Sat, 01 May 2010 05:00:16 +0000

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By: bob

bob — Tue, 16 Mar 2010 19:11:27 +0000

If i hold a second on a home that is forclosed upon and the bank who holds the first forcloses for way above the first owed , is there a legal way of having the court award some of that profit the bank made to repay me ?

By: Tracey

Tracey — Thu, 02 Jul 2009 01:26:37 +0000

I want to purchase a foreclosure home but i am in the process of buying another right now. how much of a chance so i have to sell the one i have and get the one i want? its going up for foreclosure next week and if nobody bids then it goes to a bank. how long would i have to sell mine so i can purchase that one? i don;t know anything about real estate.