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I need help regarding a foreclosure, preferably someone with
I need help regarding a foreclosure, preferably someone with knowledge of the covid laws. My fathers decedent estate is in foreclosure. the bank gave the decedent estate a loan w a 5 yr balloon. they … read more
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the first lien foreclosed on 7/14/2008 while in bankruptcy. on 2/19/2009 the 1st lien rescinded the deed and modified the homeowners terms. Can the second foreclose now, being that the initial foreclo… read more
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We purchased a vacant 28 unit apartment complex 1 year ago.
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My house has been in foreclosure since 2012. We have
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I bought a p piece of land and the owner finance it what's a
I bought a p piece of land and the owner finance it for me what's a 1 year balloon note a $5,000 I didn't have the 5000 till the owner told me to pay it as I could and now it's trying to foreclose on … read more
Roger
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If we end up walking away from our home and it goes into foreclosure,
If we end up walking away from our home and it goes into foreclosure, will be owe any money since the house was included in the bankruptcy and the loan was never reaffirmed?… read more
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I have a few rental properties and home where my family
I have a few rental properties and home where my family leaves. The financing on the home is horrible; split loan, high interest rates, and one of the loans is a 15yr balloon. Other homes in the area … read more
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I own a commerical building that I have a remaining balance
I own a commerical building that I have a remaining balance of 135,000. the building is valued at around 200,000. It balloons in two days and I can get anyone to refinance due to bad credit history. I… read more
Andrea, Esq.
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bank called for balloon note two years early, and threatened
bank called for balloon note two years early, and threatened foreclosure on church property while payment was current, did not make payments after that for 8 months while trying to refinance. Willing … read more
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We are in negotiations with one of our lenders to keep one
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Hello, We have a 5 year interest only ARM with 190k balloon
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We have a 5 year ARM with balloon due in June for our bare
We have a 5 year ARM with balloon due in June for our bare land loan and we can't find another lender. The current lender wont refinance as they dont lend on land anymore. We have never missed a payme… read more
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Yes i have a question my husband and I receive a paper from
Yes i have a question my husband and I receive a paper from the courthouse stating that we have a pre-trial conference on May 21 2010 at 1pm and that is stated with Bank of America home loans. We are … read more
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I got served with foreclosure papers on January 14th. Not
I got served with foreclosure papers on January 14th. Not only did I enter into a refinance loan with a higher mortgage that I didn't want (my Dad had died the previous month and I was deeply depresse… read more
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In 2003 a loan Co. refinanced me from a 30 year fixed to a
In 2003 a loan Co. refinanced me from a 30 year fixed to a 3 year ARM loan. Two years later the montly payment rocketed from 1800 per month to 2800 per month. I asked them to refinance they told me in… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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