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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 12376
Location: bloomfield, ct
58.49 Dollars($)
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chene, you seem to be more worried about the existing tenant in that property than might be necessary. you would have been wise to have learned all about tenants' rights before you became a landlord by purchasing this property, but that, i suppose, is water over the dam.
how will you determine whether or not their lease is valid? in order to evict anyone, you must do so throught the court system, i'm sure...what would be your basis for that - you don't know them? as for fair market rent, how would you plan to establish a rental as a new landlord if there was nobody currently there? okay, then, that'll be the way you establish if they're paying a market rent as well.
you have a bit of homework to do - if you don't have a lawyer you can count on, you can get a bit of information from the state attorney general's office, i'm certain.
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George M. Akerley
Mortgage Underwriter/Consultant
Word of Excellence- Writing/Editing/Proofreading
860-221-5044
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chene
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| George Did not know someone was in the ouse could not tell, it could be a squatter or a homeless person for all I know. |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 12376
Location: bloomfield, ct
58.49 Dollars($)
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wait...are you saying that the previous owner gave you no idea of who or what was in this house?
_________________
George M. Akerley
Mortgage Underwriter/Consultant
Word of Excellence- Writing/Editing/Proofreading
860-221-5044
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claudia
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Post subject: henry |
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| in south carolina, i can't pay my mortgage any more. i will retur to new york, but how long i have before they kick me out |
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jenkin7
Joined: 04 Jun 2007
Posts: 4537
Location: Hawaii
728.43 Dollars($)
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Hi Claudia,
In South Carolina, the entire judicial foreclosure process generally takes a maximum of 150 days to be complete. The lender sends you a foreclosure notice and you need to respond to it within 30 days. You will not be allowed a redemption period if the lender waives his right to deficiency judgment. Otherwise, you will get a short time of 30 days to pay back your dues and redeem the property. |
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COCAL29
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Post subject: Foreclosure Eviction |
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| I am having trouble moving the remaining items in my home and today is my due date to vacate the house. Do I still have until the end of today or do I have the full 24 hours of today? |
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savior70
Joined: 25 Mar 2009
Posts: 1895
Location: Florida
261.84 Dollars($)
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Hi COCAL,
If you are having trouble in moving the remaining items in your home, you can seek an extra day or two. In most of the cases, the lenders would be lenient enough to allow you that extra bit of time to vacate the property. However, you should not delay too much, else they can evict you out of the house. |
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inquiring mind
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Post subject: forclosure evection |
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| my neighbor's home on Maui is being foreclosed and must be out of the house by the 5th. he is on social security disability and his daughter and grand children live with him. What are his options |
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sands
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Post subject: sale |
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| my house sold on the 22nd of Feb how long do I have before i am evicted in Miami Florida |
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pjsmac01
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Post subject: eviction in fla 24 hrs |
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| I just got served a 24 hr eviction does it include day served |
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jenkin7
Joined: 04 Jun 2007
Posts: 4537
Location: Hawaii
728.43 Dollars($)
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Hi pjsmac,
The 24 hour period starts from the time you are served the eviction notice. Thus, I believe the 24 hr period includes the day the notice is served. Let’s say, if you are served a notice at 10am on Thursday, you are expected to vacate the property within 24 hrs i.e. before 10am on Friday.
Hi sands,
Once the house is sold at the foreclosure auction, you are no longer the owner of the property. You will have to vacate the property within a certain period of time. You can also be served a notice of eviction asking you to leave the property within a certain period of time. Depending on your particular situation, the court may allow you a redemption period during which you can buy back the property if you can come up with the outstanding balance on the loan and the foreclosure costs. |
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savior70
Joined: 25 Mar 2009
Posts: 1895
Location: Florida
261.84 Dollars($)
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To inquiring,
If your neighbor has defaulted on the mortgage, the lender will foreclose the house. Lender has the legal right to do so in order to recover the loan amount. To stop the foreclosure, your neighbor needs to get current on the loan. If there is enough equity in the property, he can sell the house and pay off the lien. In case there is not much of equity in the property, he can short sell or do a deed in lieu of foreclosure on the property. |
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desperate
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| After you are served by the Sheriff to move out how long do you have? Is there anything you can file with the Clerk and Sheriff's office requesting additional days to pack and leave other than the customary 72 hours? Thanks |
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Dr. Dave
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Post subject: Auction : March 15th in Pasco county Florida....... |
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| My house is going on the county court steps. March 15th, 11am. I have 2 questions: #1 if my bank buys back the house, can i work cash for keys? and how many days can i ask them for? #2 if a private investor buys my home, is it 24-72 hours to leave? |
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Claudia
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Post subject: Mortgage |
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If you have 12 months without making any mortgage payments, How long until they evict you?  |
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