On a home going into foreclosure, what can you take?
Question:
Answer:
You don't need a foreclosure and a criminal charge, do you?
Yes, a lender would come after you. Yes, it is legal for them to pursue it. And they will.
Felony
they'll call the cops on you.
A lender would definitly come after you if you took the items you mentioned. It is actually illegal to do this.
Don't know for sure about MI law, but you can only take out your personal property. "Fixtures", meaning anything physically attached to the house, like the furnace and water softener, etc., are part of the house and covered by the mortgage lien. If you take them, you could get charged with theft and the bank might come after you for damages.
if it's attached to the house it stays with the house. If you take it you'll be prosecuted for theft.
anything that is considered a part of the home's foundation, (ie furnace, ac, ater softener etc) is to be part of the trustee sale or auction.
you may take ONLY your personal belongings. PLEASE REMEMBER ---NO BODY CAUSED THIS BUT YOU...you are the one who cannot make the payments...DO NOT TAKE OUT YOUR FRUSTRATIONS ON THE HOME OR THE PROSPECTIVE BUYERS.
you could potentially be taken to court and slammed with a felony. just walk away quietly with your personal belongings...do not cause any more problems...
you can again own property in approx 24 months...so don't screw this up.
--just a note...if it seems like i was yelling with the caps...i was...don't be foolish.
good luck in your future ventures.
Everybody is telling you the bad things that will happen to you. Here are some good things. You will probably get free room and board and free clothing. Your stay in the Graybar hotel will be paid for by the county. You will have someone to watch you 24 hours a day. You might share a guest room with a child molester.
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