Foreclosure

questions & answers

Question: My house was place in auction we spend about 30 years living there my original loan was 50.000 by USDA how do I get the full information. sold auction quantity and excess of funds I have contacted Home Equity Invs they informed me that the house was auctioned for 38.000 and i have excess of funds 16.000 how do I check if is true.

Answer: There are specific procedures that must be followed and deadlines that must be adhered to in order for the former owner to recover excess proceeds from the sale of a home. It would probably be wise for you to seek formal legal advice and assistance. There are links to free and low-cost legal services on this website.

QUESTIONS

  • My house was place in auction we spend about 30 years living there my original loan was 50.000 by USDA how do I get the full information. sold auction quantity and excess of funds I have contacted Home Equity Invs they informed me that the house was auctioned for 38.000 and i have excess of funds 16.000 how do I check if is true.

STORIES

  • I just helped my mother, age 89, deal with her Medicare HMO. . .
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