A bit of a different video today - I'm planning to do a batch of videos similar to this discussing more niche real estate law topics. Definitely let me know if you find these informative & helpful!
Easily explained! I was wondering what happens if, for example, the sale price was 100k on debt being 250k. Will I have to pay extra after being foreclosure?
Thanks for watching! That's called a "deficiency" and in many cases the lender can come after the borrower to come up with that deficiency balance. They'll typically need a deficiency judgment from the court (or something similar) to give them permission to collect on that balance.
Heirs typically have rights to the funds, yes! There are often extra steps that need to be taken to prove an heir's claim to the funds, and it varies from state to state.
May I asks another question of You don't mind I am the Administrator of My Mother's estate if the agency that sent here the surplue check ( To Her Old Address) puts a stop payment on the check how would I go about retaining the services of a Surpluse Recovery Specialist if You don't mind answering???
A bit of a different video today - I'm planning to do a batch of videos similar to this discussing more niche real estate law topics.
Definitely let me know if you find these informative & helpful!
Good content. Great info on a topic many people aren't even aware of or at least don't understand
It's definitely niche! Thanks for watching!
Easily explained! I was wondering what happens if, for example, the sale price was 100k on debt being 250k. Will I have to pay extra after being foreclosure?
Thanks for watching! That's called a "deficiency" and in many cases the lender can come after the borrower to come up with that deficiency balance. They'll typically need a deficiency judgment from the court (or something similar) to give them permission to collect on that balance.
Can You tell Me what Rights dose the heir have to sirpluse funds when the homeowner has passed away??
Heirs typically have rights to the funds, yes! There are often extra steps that need to be taken to prove an heir's claim to the funds, and it varies from state to state.
May I asks another question of You don't mind I am the Administrator of My Mother's estate if the agency that sent here the surplue check ( To Her Old Address) puts a stop payment on the check how would I go about retaining the services of a Surpluse Recovery Specialist if You don't mind answering???
How do normal honest ppl fight these companies because they are so criminal in nature.