Foreclosure?


Question:
How long does it take for a person to be evicted from a home that has gone into foreclosure? And are there any precautions one must take if this is the ONLY option?

Answer:
It may depend upon which state the property is located in. Speak with a real estate agent who knows the legal aspects of the industry well. Seems like it is 30 days in our state; however, that is based upon information from over 10 years ago.

You may also contact an attorney who specializes or practices law in the area of Real Estate. They should be able to address the specifics of your state; also, if you are a tenant at sufferance, they may be able to assist you from a legal perspective.

Try the link below for further information:
It depends on your state's laws. And I would suggest talking to a bankruptcy lawyer.

It's been a while since I practiced law (went into nursing), and I know the bankruptcy laws have changed, but still worth a shot.
More Related Questions & Answers...
  • Where can I find listings for pre-foreclosures? Foreclosure auctions?
  • FHA an option to bail out those facing foreclosure?
  • How can I find foreclosure listings in my area?
  • How to save my house from foreclosure?
  • Foreclosure auction?
  • Has anyone invested in tax foreclosure/sales properties. Your expierence? and advice!?
  • My friend home is in foreclosure and he is trying to decide rather to file Ch.13 or Sell? Credit is shot too?
  • Nj foreclosure questions??
  • If I had a foreclosure on a house, doesnt all the bank loans get paid off?
  • So buying tax sale and foreclosure is not an option anymore, not even to make just a living on it?
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic