Selling a Home that Is Foreclosed
Most owners, who have defaulted on their home loan and are in foreclosure, are frequently unaware that they still have the option of selling their home. Foreclosure can be a long and devastating process; however, sellers do have some (limited) choices.
- REAL ESTATE LEGAL GUIDE FOR THE HOME SELLER
- » General Legal Rights and Obligations of a Home Seller
- ⇒ Selling a Home that Is Foreclosed
- » Selling a Timeshare: The Legal Aspect
- » Flipping a Home: The Legal Aspect
- » The Real Estate Agent Rights and Obligations
- » Legal Mistakes During a Home Sale Process
- » Home Selling and Disclosure Requirements
- » Inheritance Legal Issues Involved with Real Estate
- » Title Issues Involved in Real Estate Transactions
- » Real Estate Contracts and Agreements
- » Resolving Real Estate Disputes through Alternative Dispute Resolution
- » Real Estate Lawyers: What They Do For A Seller
Selling a Property Currently in ForeclosureThe foreclosure process is often long and arduous for someone that could not keep up with mortgage payments or other liens on the home. However, for those in the middle of this procedure, there may be options open in how to proceed without losing everything.
Read more- Can a Lawyer Help Me Defend Against Foreclosure?
Before someone may attempt to defend against foreclosure, it is important to understand what it is and how it affects those impacted by it. These processes are often complicated and it may be essential to ensure a foreclosure lawyer is hired to assist with these procedures in order to fight them.
Read more - Foreclosure - Common Legal Problems that Arise During the Process
Legal problems during the foreclosure process are not unique. Here are some of the most common problems you might encounter during this process.
Read more - Tax-Foreclosure Property Purchased, Can I Evict?
If you have recently purchased a property that was foreclosed due to non-payment of taxes, you might consider whether you can take legal action against any current tenants. Here is what you need to know about the eviction process.
Read more - Top Mistakes Made in Foreclosures
There are many legal issues that can arise when a property is in foreclosure. Here are some of the top mistakes and ways that you can avoid them.
Read more - What Does the Foreclosure Process Entail?
The foreclosure process is complex. It is important that you have a strong understanding of this process and what it entails.
Read more - A Novel Approach to Mortgage Crisis: Take Underwater Homes Through Eminent Domain
When homes are underwater, banks and other owners may consider ways to sell the properties to maximize their profit. One underused method to accomplish this is to use the eminent domain process.
Read more - Short Sale Scams and Real Estate Broker Frauds
Selling a home when you owe more than you can reasonably get from the sale may involve several legal issues. Here are some potential legal issues that may arise in this context.
Read more - Real Estate Foreclosure and Disclosure
When a home is in foreclosure, there may be many disclosures that you are legally required to make before legally selling it. Read over this information to understand your obligations.
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