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Foreclosed but not Sold

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Icon Mini Profile aljohnson007





Joined: 07 Oct 2009

Posts: 2

1.74 Dollars($)
Post Posted: Sat Oct 17, 2009 11:27 am    Post subject: Foreclosed but not Sold
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Does anyone know how to legally get a title to property transferred out of your name? I have a mobile home/Land that was surrendered in Ch7 and shortly after the discharge, foreclosed on by BofA. Today, I received a notice that BofA requested and got an order vacating the foreclosure and cancelling the sheriff's sale. This property is about $40k underwater and there are monthly HOA and maint fees plus back and current taxes. It is my guess they plan on just letting it sit to avoid fees, maint and taxes. The Florida Statue 718.116 holds the listed owner liable for these fees. Where is the justice?
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sat Oct 17, 2009 4:13 pm    Post subject:
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Unless the bank forecloses or you sell the property you cannot get your name off the property

Any way is you cna doa quit claim deed to soem one and transfer the property, but you are still liable to pay the loan, not the property taxes

If the bank decides to foreclose on the house, then the person you quit claimed will loose the property
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