Compare Mortgage Quotes

gmakerley · Posted: Mon Sep 21, 2009 8:37 am Post subject:

you're at least partially right, mike. furthermore, if a lender botches up its disclosures, and it is discovered even more than 3 years later, it can restart the rescission period, as redisclosure would be required.

i think it is safe to say that most such circumstances never get noticed.

Guest

What about if bank foreclouse on house and after 7 months return to house to owner by deed of recission and the house was on maket to sell for 6 months and the bank cancels the contract with real etate company before returning the house to owner can they forclouse on house again or they trutees have legal right to foreclouse again or not. What action should I take.Thanks

smithsussane · Posted: Mon Sep 05, 2011 9:28 pm Post subject:

Hi reza!

Welcome to forums!

If they do not get the payments on time, then there are chances that the lender can again foreclose the property. However, it will be better if you have a word with your lender before taking over the property again and clarify the whole issue.

Feel free to ask if you've further queries.

Sussane

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours
Previous 1, 2
Page 2 of 2

Compare Mortgage Quotes

Rescission: Cancelling a contract