How far behind do you have to be before a lender can begin foreclosure proceedings on your home?

1 Answer

Answer :

Forecloseure proceedingsgenerally begin about 90 days after the last mortgage payment is made.

Related questions

Description : I decided to do a short sale on my property before it the mortgage company starts foreclosure proceedings. I approached a realestate agent and he told me he will handle everything. he will talk to ... him handle it or should I approach the mortgage company first to tell them about the short sale?

Last Answer : Get that puppy sold. You don’t have to let the mortgage company know. If you trust your agent then let them do their job and earn their commission.

Description : How can I stop foreclosure proceedings on my home?

Last Answer : There are two ways to stop foreclosure proceedings. Come to an agreement with the bank and make a substantial payment. For many this is not an option, so the only other resort is filing Chapter 11 bankruptcy.

Description : When purchasing a home; do you use a Mortgage Broker or a Direct Lender ?

Last Answer : We use the bank that we have our accounts with.

Description : Which mortgage lender has the lowest rates on a home mortgage?

Last Answer : You can find low rates for mortgages on the internet. Search websites such as Loandepot.com, Aimloan.com and Amerisave.com. These sites will provide the best lowest rates for a home mortgage.

Description : My husband and I are filing for divorce he is filing do I have to file too or should I just wait to get the paperwork from him and how long should I wait before I start with proceeding's?

Last Answer : If one party is filing the divorce it is not necessary for the other person to do so also. However, divorce can be an ugly and stressful process so you should get an attorney and have ... will offer you legal advice for actions you should be taking already while the divorce is in progress.

Description : The writ of Prohibition is issued by a superior court - (1) to prevent an inferior court or tribunal from exceeding its jurisdiction or acting contrary to the rules of natural justice (2) to an ... the office (4) to an authority to produce an illegally detained person before the court for trial.

Last Answer : (1) to prevent an inferior court or tribunal from exceeding its jurisdiction or acting contrary to the rules of natural justice Explanation: The writ of Prohibition is an order from a superior ... because the lower court does not have proper jurisdiction to hear or determine the matters before it.

Description : Indian Evidence Act applies to (a) Proceedings before tribunals (b) Proceedings before the arbitrator (c) Judicial proceedings in courts (d) All the above.

Last Answer : (c) Judicial proceedings in courts

Description : A decree, when further proceedings have to be taken before the suit can be  completely disposed of, is a (a) Final decree (b) Preliminary decree (c) Preliminary decree and partly final decree (d) None of these 

Last Answer : (b) Preliminary decree

Description : Neither a borrower nor a lender be. Agree?

Last Answer : Good advice. Either way, you always get burned.

Description : When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Last Answer : answer:There are tax preparers that will give you a “tax refund” loan. But they will charge you a lot for the privilege of a short term loan. And you have to get your return done by them. Check with H&R Block if you can have it electronically deposited at a third party.

Description : I'm looking for a trustworthy and trusted hard cash lender that'll give in Oregon. May anyone assist?

Last Answer : Hi, you are an orphan question, well, to help you question, if you have something like seek in Oregon (I live in aus) where you can search for employees, then use that, otherwise I’m sorry

Description : Does it matter which lender I choose for my federal student loans?

Last Answer : The differences have to do with the fine points of repayment. Check out this article to see if any of these apply to one or the other. Also, Fifth Third bank has had some problems with government auditors. Good luck, PnL!

Description : What would the lender do in case the borrower fails to repay the loan? -SST 10th

Last Answer : If the borrower fails to repay the loan, the lender has the right to sell the asset or collateral to obtain payment.

Description : What rules does a FHA lender have to follow that a traditional mortgage lender does not?

Last Answer : FHA loans are handled differently and have guidelines set forth by the government restricting everything from income limits to down payment amounts. The normal mortgage lenders have guidelines but not nearly as strict as FHA.

Description : How can I buy Repossessed Cars from bank or title lender?

Last Answer : These entities regularly auction off repossessed cars. Places and times vary by bank and region, so call the banks in your area to get started.

Description : Where can I find a cash loan lender even if I have bad credit?

Last Answer : If you need a few hundred dollars you can get a payday loan. There are several cash advance establishments that you can go to and get the loan, even with bad credit.

Description : What exactly is a cash flow lender?

Last Answer : A cash flow lender is responsible for lending or not lending to perspective loaners. The "cash flow" part is referring to the cash flow that the loaner believes he/she will generate from the business, that they are subsequently borrowing the loan for.

Description : A legal agreement between the lender and borrower where real estate property is used as a collateral for the loan is termed as ________ A. Mortgage B. Reverse Mortgage C. Repossession D. Refinance

Last Answer : A. Mortgage Explanation: A loan that is secured by property or real estate is called a mortgage. In exchange for funds received by the homebuyer to buy property or a home, a lender gets the promise of that buyer to pay back the funds within a certain time frame for a certain cost.

Description : Taking back of property by a seller or a lender from the buyer or borrower due to default of payment is termed as ________ A. Reconveyance B. Repossession C. Recurring Billing D. Revalidation

Last Answer : B. Repossession Explanation: Repossession is a term used to denote a financial institution taking back an object that was either used as collateral or rented or leased.

Description : B) American Express Explanation: India‘s largest lender State Bank of India (SBI) and American Express have entered into alliance to expand AmEx card acceptance in India.

Last Answer : RBI has launched new restructuring tool S4A to raise banks moral hazard risk. What is it? A) Scheme for Systematic Structuring of Stressed Assets B) Scheme for Sustainable Structuring of ... Structuring of Scholastic Assets D) Scheme for Sustainable Strength of Stressed Assets E) None of these

Description : Which bank is called lender of the last resort? (a) Agricultural bank. (b) Industrial bank. © Commercial bank. (d) Central bank.

Last Answer : (d) Central bank.

Description : Which bank is called lender of the last resort? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) Central bank

Last Answer : (d) Central bank

Description : Has anyone successfully saved their home from foreclosure once a sale date has been set?

Last Answer : answer:I can't give you an answer to your question. However, on the face of it, paying $2000.00 to anyone to do something that maybe you could do seems very foolish to me. I think someone may be trying ... lender, or you can't. No third party will be in a better position than you to plead your case.

Description : Do any of you know the processes involved in home foreclosure?

Last Answer : In today’s atmosphere they will be happy to have a cooperative mortgagee.

Description : Comments on the guy who bulldozed his $350000 home so the bank would only get the pile in foreclosure?

Last Answer : Do you have a link? Sounds like a worthwhile read…

Description : How do you purchase a new home once you have been through a foreclosure?

Last Answer : Well it depends how long ago the foreclosure was. How is your credit since the foreclosure?

Description : Is the buyer of a foreclosure home responsible for any back taxes still owed?

Last Answer : As a technical legal rule, the answer is that the buyer of a foreclosure home is not personally liable for back taxes that remain owed. However, the back taxes may well still serve as a lien on the ... got a bill for six thousand dollars back taxes. She was unable to pay so she lost the house.

Description : By Texas foreclosure law how long can a family stay in their home during the process?

Last Answer : The amount of time you can stay in your home vary from lender to lender. Your forclosure can be complete in as little as 90 days or take over 1 year to complete. You can stay in the ... to leave the property after the home hits the auction block. You will probably be served with eviction papers.

Description : Is it a better deal to buy a new home or a foreclosure?

Last Answer : You can typically find discounted realestate that has been foreclosed upon. Deals vary by region.

Description : Where can I find Santa Fe home foreclosure listings online?

Last Answer : There are quite a few websites online that boast Sante Fe foreclosures. You can check out the Yahoo! real estate Foreclosures: http://realestate.yahoo.com/search/New_Mexico/Santa_Fe/foreclosures and the ... real estate sites wil have this info. You can also find great information at www.zillow.com

Description : my girlfriend's home has been in foreclosure for over a year. the bank tells her she still owns the home but they have recently put padlocks on the gates and changed the locks on the house. is she still responsible for the house or is the bank.?

Last Answer : Since the bank padlocked it, it belongs to the bank. It appears, if they are not allowing her access to the home, that they have taken over responsibility for it. She should have been given notice to ... can do is tell her to contact the bank. They should be able to give her a straight answer.

Description : You and nine other individuals have been captured by super intelligent alien overlords. The aliens think humans look quite tasty, but their civilization forbids eating highly logical and cooperative beings. ... , each of you must guess the color of your hat starting with the perso -Riddles

Last Answer : Let's see how it would play out if the hats were distributed like this. The tallest captive sees three black hats in front of him, so he says 'black,' telling everyone else he sees an odd ... go. It looks like these aliens will have to go hungry, or find some less logical organisms to abduct.

Description : Fiction Question: What would legal proceedings look like in a situation like this? (Details inside)

Last Answer : answer:Here's one data point. The shooting was recorded on video, so the timing is certainly at the extreme short end. 06/24/2010 Convenience clerk kills robber. 06/30/2010 DA says he will not ... one was a second-degree murder trial. Three years between the killing and a not-guilty verdict. Link

Description : I recently watched a movie that showed a trial in a British courtroom and I was wondering if anyone knew why the lawyers (Barristers) wear wigs during court proceedings.

Last Answer : @Bluefreedom, I found this article about the tradition.

Description : Who presides over the proceedings of the Lok Sabha -SST 10th

Last Answer : The Deputy Speaker presides over the proceedings of the Lok Sabha in the absence of the Speaker.

Description : Who can initiate impeachment proceedings against the President of India? -Do You Know?

Last Answer : answer:

Description : How long is the divorce done? How does it work?

Last Answer : If you have all the issues resolved (contact with children, property ...), the trial will take place quickly - the divorce proceedings lasted me about 15 minutes.

Description : Who may the commander designate to inform the accused of the intent to initiate summarized of formal article 15 proceedings?

Last Answer : Feel Free to Answer

Description : What was the outcome of president Johnson's impeachment proceedings?

Last Answer : The House impeached the President, but the Senate failed to remove him.

Description : If you were watching proceedings would you be watching a ballgame on television?

Last Answer : No

Description : Being the non-member, who among the following can participate in the proceedings of either house of the Parliament without having right to vote? (1) ChiefJustice of India (2) President of India (3) Comptroller and Auditor General (4) Attorney General

Last Answer : (4) Attorney General Explanation: The Attorney General is responsible for giving advice to the Government of India in legal matters referred to him. He also performs other legal duties assigned to him by ... well as the right to participate in the proceedings of the Parliament, though not to vote.

Description : Under which law it is prescribed that all proceedings in the Supreme Court of India shall be in English language? (1) The Supreme Court Rules, 1966 (2) A Legislation made by the Parliament (3) Article 145 of the Constitution of India (4) Article 348 of the Constitution of India

Last Answer : (4) Article 348 of the Constitution of India Explanation: Article 348 of Indian Constitution mentions the language to be used in Supreme Court and the High Courts. According to the article 348, the language of all proceedings in the Supreme court and in every high court shall be English.

Description : As a non-member who can participate in the proceedings of either House of Parliament (1) Vice President (2) Chief Justice (3) Attorney General (4) Chief Election Commissioner

Last Answer : (3) Attorney General Explanation: As a non-member, Attorney General can participate in the proceedings of either House of Parliament. The Attorney General of India is the Indian government's chief legal advisor, and its primary lawyer in the Supreme Court of India.

Description : The function of the pro-tam in the absence of Speaker is to - (1) conduct the proceedings of the House in the absence of speakers. (2) officiate as speaker when the speaker is to be elected (3) only check if the election certificates of the members are in order (4) None of the above

Last Answer : (2) officiate as speaker when the speaker is to be elected Explanation: The first meeting after the election when the Speaker and the Deputy Speaker are selected by members of the Parliament held under the Protem Speaker.

Description : Which officer of the Government of India has the right to take part in the proceedings of Parliament of India even though he is not a member? (1) Vice President (2) Attorney General of India (3) Comptroller and Auditor General (4) Election Commissioner

Last Answer : (2) Attorney General of India Explanation: Attorney General of India has the right to take part in the proceedings of parliament of India even though he is not a member.

Description : Impeachment Proceedings against the President for violation of the Constitution can be intiated in : (1) Either House of Parliament (2) The Lok Sabha (3) The Rajya Sabha (4) The Supreme Court

Last Answer : (1) Either House of Parliament Explanation ; According to Article 61 of Indian Constitution, when a President is to be impeached for violation of the Constitution, the charge shall be preferred by either ... passed by a majority of not less than two-thirds of the total membership of the House.

Description : The function of Protem Speaker is to - (1) conduct the proceedings of the House in the absence of the Speaker (2) officiate as Speaker when a Speaker is unlikely to be elected (3) swearing in ... charge till a regular Speaker is elected (4) check if the election certificates of members are in order

Last Answer : (3) swearing in members and hold charge till a regular Speaker is elected Explanation: In the first meeting after election in which speaker and vice speaker is selected by members of parliament, that meeting is hold under the senior most member of parliament is called protem speaker.

Description : All proceedings in the Supreme Court and in every High Court will be in: (1) Hindi (2) English (3) Hindi and English (4) Hindi or English

Last Answer : (2) English Explanation: The constitution provides that all proceedings in the Supreme Court of India, the country's highest court and the High Courts, shall be in English. Parliament has the power to alter this by w, but has not done so.

Description : Who can initiate impeachment proceedings against the President of India?

Last Answer : Either House of Parliament

Description : The proceedings of the legislature may be proved by (a) Oral evidence (b) Copy of such proceedings (c) The journals of those bodies or by published Acts or abstracts or by  copies purporting to be printed by order of the Government concerned (d) None of these

Last Answer : (c) The journals of those bodies or by published Acts or abstracts or by  copies purporting to be printed by order of the Government concerned