Tag Archives: Question

Obama Administration, State Officials Expected To Give Banks New Mortgage Terms As Some Question Pace Of Negotiations

Obama Administration, State Officials Expected To Give Banks New Mortgage Terms As Some Question Pace Of Negotiations WASHINGTON — The Obama administration and state officials are expected to offer the nation’s five largest mortgage firms updated terms next week in ongoing negotiations over a settlement regarding the firms’ faulty treatment of borrowers, according to three [...]

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Filing Chapter 7 in Ohio. House foreclosure question about timing of filing?

Filing in Franklin County. Told by our attorney that the foreclosure process will take at least 7 months. We do not want to keep the house. I thought that if we file the chapter 7 that the debts would be discharged and the property would go back to the creditor in the next 2-3 months, [...]

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Question about buying a house in foreclosure?

I bid on a house in foreclosure through my agent, now he’s coming back to me asking what the maximum amount I will be willing to bid…. (the house has been on the market for over 100 days.) Is this agent trying to get me to pay more money, even though he should be trying [...]

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Question on a house in foreclosure?

I am looking at a house with an asking price of $122k, appraised at $145k…. It is in foreclosure and has been on the market over a month now. The outside area is in total disarray though. The yard needs major work, new fence, and landscaping. It also has a pool that they never covered [...]

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