We are currently in foreclosure. We have chosen not to keep the home and we are tyring to seel it by the 27th auction date. We have had alot of lookers but no bites. How long do we have to take our posessions off the premises? I can not find this information anywhere and need to know as soon as possible.
Thanks!
2006-12-20 19:32:02 · 6 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
no....not Ford...
2006-12-20 19:43:02 · update #1
House is in perfect condition.....Thanks though
2006-12-20 19:45:40 · update #2
I would say you need to be out by the 27th, auction day!! They sell and the buyer takes position. They have to be able to buy on the spot at an Auction. So you better start packing.
2006-12-20 19:51:33 · answer #1 · answered by skooter 4 · 0⤊ 0⤋
You may want to call one of the companies that does these auctions and ask how it all works. Otherwise, call a real estate attorney who may answer that simple question. Your state's court system may also have some kind of "ask a lawyer a question" phone number for such information.
I believe at some point someone puts a lock on the door of the house, so you can't come and go any longer. I don't know if that occurs on the day of the sale or only on the day of the sale if they get a buyer or when papers are passed.
There is the chance the buyer could be required to give you notice. The following link discusses possibilities. It isn't all that informative, but there's a few pieces of information that may be helpful.
http://www.hatrack.com/forums/writers/forum/Forum1/HTML/001289.html
2006-12-20 19:54:56 · answer #2 · answered by WhiteLilac1 6 · 0⤊ 0⤋
Your current mortgage lender should give you notice when to vacate the property. Normally you have 30 days after the sell of your property. If you don't sell the house, I would suggest that you do a "Deed in Leu" on your forecloser. This will not look as bad on your credit, it means you walk away from the property and hand it over. The site below might help you as well. Just change the state you live in.
2006-12-21 01:52:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you live there, you're considered a "holdover owner" and they have to evict you. However, since you don't live there, they'll come the day after the auction and change locks and put up signs that say no tresspassing. Then they haul off your stuff ASAP.
If you're in Southern California, give me the address and I'll see what I can do.
Regards
2006-12-20 22:06:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Even though it's a foreclosure, it's still probably too expensive for most people to buy. This is especially the case in Los Angeles.
Start packing now.
2006-12-20 23:29:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
is dis heather ford ?
2006-12-20 19:39:16 · answer #6 · answered by santas helper xx 1 · 0⤊ 0⤋
we "buy ugly houses" site
2006-12-20 19:35:31 · answer #7 · answered by ill take it straight with no ice 3 · 0⤊ 0⤋