FORECLOSER QUESTION

Posted on: 25th Mar, 2009 11:18 am

I HAVE TRIED TO SELL / RENT A CODO FOR THE LAST 3 YEARS IN FL. AND HAVE BEEN UNABLE. I HAVE BEEN DENIED SHORT SALE / DEED IN LIEU OF FORECLOSURE.

THE PROPERTY IS IN FLORECLOSER CAN THEY GARNISH MY WAGES OR ATTACH A LEAN TO MY VEHICLE WHICH IN IN MY NAME AND MY SPOUSE. THE CONDO IS IN MY NAME ONLY

Total Reply : 6

They cannot garnish your wages or attach a lien to your vehicle.

chrisburns

Posted on: 25th Mar, 2009 01:59 pm

Hi KCARPENTER!

Welcome to forums!

As far as I know, if a property is foreclosed and if you are unable to pay off the deficient amount, then the lender may garnish your wages. However, the lender will not be able to place a lien on your vehicle.

Feel free to ask if you have further queries.

Sussane

smith.sussane

Posted on: 25th Mar, 2009 09:33 pm

IF MY HOUSE GOES INTO FORECLOSER IN CALIFORNIA, AND THE BANK SELLS IT FOR LESS. DO I HAVE TO PAY THE DIFFERENT

Anonymous

Posted on: 08th Apr, 2009 03:31 pm

Hi

It's upto the lender whether they would come after you for the deficient amount. In a normal foreclosure, the lender usually sues the borrower for the non-payment of the deficient amount. But ther are exeptions as well.

savior70

Posted on: 10th Apr, 2009 05:27 am

Hi
My house when into floreclosers several week ago. My question is will I have to pay any taxes payment on the property

Anonymous

Posted on: 09th May, 2009 04:09 am

if you are referring to property taxes, my answer is "no." since you are about to lose the home, there's no sense in forking out more money now.