as nonproit?
2006-10-26 03:26:55 · 6 answers · asked by fe2bsho 3 in Politics & Government ➔ Civic Participation
It does not belong to you anymore, so you can't decide its future
2006-10-26 03:29:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Are you sure you home is not protected by Homestead? I'm not an attorney, but I think if you are knowing suffering financial loss and you donated your home as shelter that would be considered Fraud from what I understand unless you are President Bushwacker.
2006-10-26 10:31:00 · answer #2 · answered by White House Complaint Department 1 · 0⤊ 0⤋
In order to give it to someone else, you would have to own all of it, meaning you would have to have paid the bank back their loan. Clearly, you have not done that. It does not belong to you anymore as the bank owns it to pay off your debt to them. They have a lien on it and all liens must be cleared before property can change hands.
2006-10-26 10:32:20 · answer #3 · answered by Phoenix, Wise Guru 7 · 1⤊ 0⤋
You don't have a clear title. You could donate it, but the non-profit would have to deal with the mortgage the same as if you sold it.
2006-10-26 10:31:48 · answer #4 · answered by Alex 6 · 0⤊ 0⤋
I doubt it. It will probably just be taken by the financing bank and then auctioned off.
2006-10-26 10:30:12 · answer #5 · answered by Anonymous · 0⤊ 0⤋
How can you donate what you dont own???wake up! that might be why you lost it?? LaLa land is not reality! move on!
2006-10-27 11:13:52 · answer #6 · answered by richard c 4 · 0⤊ 0⤋