Tag Archive for 'mortgage-company'

house repossession by mortgage companys?

When an estate agent sells a property on behalf of a mortgage company are they required to put a for sale sign up and advertise it.Repossession

Quick Sale- probably need to finance a loss on a house?

We are getting ready to sell our house. Because of the declining market and the length of time that we have been in the house- 1 year- we are expecting to lose money on it.
When this happens, how do we handle it? Do we just ask the mortgage company to refinance this into another type [...]

It is possible to just give my house back to the mortgage company?

I hate my house and may soon struggle to pay the mortgage, can I just give the house to the mortgage company. I dont care about money, i just want out or will it be classed as repossession??Repossession

Moving- need to sell house FAST- short sale or what?

Ok- owe $126M, house should appraise for $135M-$140M. I am planning on getting a realtor & trying to sell the normal way. I live in St. Louis, MO., and I want to move to PA in the summer so my son can start school in Aug-Sept. If the house doesn’t sell by mid-July, isn’t there [...]

House repossession in England.Any one really understand the implications or the process ?

My ex partner lives in the property. And refuses to pay towards the mortgage. I have had enough after 5 years and want to end the mortgage. She will not buy my half off me. And the mortgage company will not allow me to come off the mortgage.
Payments came from her in the begining or [...]

had house on spared ownership was repossession by housing association not the mortgage company?

are we intiled to any eqiuaty return left in the propectie.
once the house is sold.Quick House Sale

“Short Sale” or Foreclsoure?

‘ve been trying to work with my mortgage company for months now while getting no where, it’s always “call back in two weeks”, etc. I had hoped the new March 4th programs would help but I have been calling weekly and my bank still says they haven’t received the info yet with all the [...]

Are taxes owed on a “quick sale” to avoid foreclosure?

We avoided foreclosure on our house a few months ago by doing a “quick sale” I believe…is this the same as a “short sale”? And I am wondering now that tax season is here…am I going to be responsible for the taxes on the sale of the house? I didn’t make a cent [...]

Home Repossession and Home Buying Companies

If you find that you’ve fallen behind in your mortgage payments, your lender will want to know how you are going to clear your mortgage arrears. Without any process in place, or if your situation is particularly desperate, your mortgage company could start court proceedings against you to seize or ‘repossess’ your property, leaving you [...]

Common Myths Of House Repossession Explained

While speaking to people at various events or network opportunities, every so often some one mentions about the increasing number of repossession, thanks to interest rates that have been creeping up slowly in the past year or so.Recently some one mentioned, “do not why people let themselves into trouble”, he said,”I would just hand over [...]