Backing out of sale on home help help?
830723
I'm not real sure where you live, but when you put a house on the market they usually do a title search.  If they had done the search they would have realized there was a lien on the house and it would not be available to be sold.  I would try to get in contact directly with the buyer and explain your situation. I'm sure if they have any compassion they will understand you're circumstances and will work with you to find a way out of this.\n\nGood luck!!  And Good Luck in Iraq!!!  Thanks for all you do!!!!
1105476
Your best option is to go to court. If you reply to their summons it actually takes longer( in days) for the foreclosure to go through. Always reply in writing. But generally, the judge sets a sale date to sell your house and when that day comes it will be sold to the highest bidder. Your best option would be to find someone who buys houses. You see the signs everywhere and they advertise in the classifieds. Or try to refinance. The fact of the matter is that there are only a few ways to DELAY foreclosure. You can't stop it. No matter what anyone says bankruptcy will not save you. Now days you have to pay all that back anyway. All bankruptcy does is give you a few months. I am an RE investor and I have seen many bankruptcys that end up selling at foreclosure anyway. The bank will require the back payments to be caught up even with bankruptcy.
685125
Then you have to bring a check to the closing to pay off the difference.  You are what is called "upside down" which is a risk of declining prices, risky mortgages, or making a tiny (or no) downpayment.  On my current home, the seller had to do the same thing, because he had a huge unpaid line of credit open against the house.  There is no free lunch- you will have to pay that money to leave your home.  And if you have accepted an offer at this point, you are likely to be sued if you try to back out.  Its always possible to try to convince the Realtor to take a smaller %, they might agree, especially if you can convince them that the deal could go to hell because you dont have enough to pay the difference.
1073258
There is this concept called "caveat emptor" which means "buyer beware". It essentially means that courts are going to place buyers with the responsibility to ask questions about things that look out of place when buying a home. Since you saw their belonging on top of crates and didn't ask "why", this may be used against you but I doubt it. (Was there anything else that was obvious something was wrong iwth the house?--if so, you are gonna have a hard case).\nBut besides this concept, I am going to say "yes" you have a case for fraud. Please remember that there is a statute of limitations (meaning the end time when you can sue) for fraud, depending on your state statute which is typically 2 years from the date of the incident which I suppose in your case would be when you viewed the home. \nWhat would even strengthen your case is if you directly asked them, with a witness of course, "Are there any problems? Is there any damage?etc.---something along those lines" because then you can point to the previous owners as directly committing fraud on you. However, if the owners simply did not say anything about the sewer system and you didn't ask any questions like this that required and received an affirmative answer, you might be in for a harder fight.\nConclusion- Gather your facts more specifically and consult your state statute for the time limit on the staute of limitations.
1020640
I am a mortgage banker and filling out a non-filed 1040 will get you into deep trouble in the area of fraud.  At closing you sign a form which is called a 4506 that gives the mortgage holder authorization to pull for filed taxes.  So that being said, file the back taxes and keep your copy.  I do several VA mortgage loans and have found that being up front with your banker will get you an approval a lot quicker.  Your problem is not unusual
641722
No, the house is part of the real estate, too bad it was not a trailer! anyway there is nothing stopping you from making an offer, so go to a realtor, anyone will be happy to write it up, if you are in the norther michigan area give me a call, lol! just make an offer of what you are willing to pay, often times listing agents will list a house at whatever the owner wants just to get the listing, kind of like blowing sunshine up their skirts...i digress, just go to a realtor and make an offer, if you can pay cash instead of a mortgage you will have a good chance. good luck
295131
Talk to the bank about payment on the house. Take the tenants to court. Backgroud checks on all new tenants. Or sell and have peace of mind you don't have to do this again.
830978
Well, a manufactured home is a strange item.  Is this home mobile? Are you selling it with land? If so, then you're talking about a real property sale, and whole bunches of other rules apply.  If not, you may be talking about a personal property sale.\nAnd your question is that they received a bill of sale but did not take possession? Did you receive your money? If so, it's theirs, and any attempt to resell would violate their rights in the property.\nYou could contact them and demand removal (I'm assuming that this thing is taking up space) and/or state that failure to remove will result in a rent charge of ____ per month (whether or not you could actuall collect on that threat is another issue).  Or you can file an "ejection" action, which would result in the sheriff removing the property at the homeowner's expense.\n\nIf not, I think you would need to provide notice that you intend to rescind the contract for their material breach (they refused to pay in a timely manner) and give them an opportunity to "cure" (i.e. follow through with the contract).  This seems like a large sale worth a lot of money, so it would be worth contacting an attorney -- a nice nasty letter from a local Alabama attorney might spur these people into action.  You might also have a cause of action for any dimunition in value or lower price if you have to sell it again.\n\n(statute of limitations isn't the appropriate term, btw... that applies to the termination of different tort or contract actions because someone did not file within a certain amount of time after the harm).
1038174
Time for getting past what caused the split and figure out how between the 2 of you to get the best value from the situation.\n\nFirst if you can, you need to lower your price.  \n\nNow use the kids ballpark divvy system.  Remember when you were a kid and had to share a candy bar with a friend.  One of you would break the candy bar in half and offer the choice to the other person as to which half they wanted.  Simple but fair and very effective.\n\nWhat I'm suggesting is that you agree between yourselves that one of you will make an offer to move into the house until it sells and makes some sort of payment as rent.  Now that might be the whole payment or a partial payment, either way it should be better off than each of you paying half of the payment on a vacant house.  So the agreement is made and the offer is made, now the other person (not making the offer) has the choice of either moving back in or letting the offeror move back in.\n\nIf moving back in isn't an option for one or both of you get creative and work out some other sort of arrangement.\n\nGood luck
608970
I would love to tell you that everything will be alright. But you are in a very tuff situation. It sounds like the pinnacle of either some hard times or poor choices are catching up to you. The first thing is look to a mortgage loan BROKER, not a bank.. A broker is going to work with a greater number of banks and lenders that will be able to offer you a mortgage if there is one available to you. There are loans out there up to 125% of your homes value that can be utilized in a refinance. However loans that high are often offered only to good credit high FICO score borrowers. IF you have not had a lot of lates since the Bankruptcy you might be in luck, however if you have had lates since.. you are really not in a good position to refinance. Antoher option is somehting called a "Short Sale" this is an option that you may know about from all the mailers you are getting from real estate agents and or investors that saw your home listed in forclosure... It is where you find a seller to your home, and the offer is presented to the lender (your real estate agent can do this) and the lender agrees to "forgive" the loan to whatever amount and sell the home for less than you currently owe.\n\nLet me tell you as someone in finance and mortgages this is one of the best options to you. Whatever the situation and however you got there, you want to walk away in the best situation you can. You bought a home once, and can again but don't let it go all the way to forclosure waiting for something magical to happen because it usually does not.. Sel it using a short sale and walk away from it without a forclosure.. It does not sound like you have any equity to lose and if you walk away without a forclosure on your credit and without the debt of mortgage balance on a home you longer own you will be in a better spot.\nOnce that is done you and your husband can focus on getting back on your feet. Best of luck to you!
1101414
It may not be too late...you need to contact the mortgage company immediately and find out if they will work out a deal with you.  If not, you can always try to buy it back.  I would suggest consulting with an attorney on this matter.
990099
You can make an offer pursuant to the sale of your home. If the house your looking at to buy has been up for a while they may accept your offer with the condition that if someone comes along with cash they can forgo your offer. It's worth a try.
669929
Are you looking to buy or are you the owner of the foreclosed property? If you are the owner, it may be too late since the sale has been scheduled unless youi can get your bank to cancel the sale by coming to some financial arrangement with them. The alternative maybe you try and get a family member/friend to buy the property at the Sherrif sale and allow you to rent it back from them.
778734
You had your sellers sign the counter?  That ties the house up.  If you get a better offer, you need to hurry up and withdraw your counter.  If you get another offer that's worth responding to, but not accepting, then you're in a pickle.\n\nI think they'll think on it a while, then sign it.
895959
1 - Don't have your buyer pay for an inspection prior to winning the bid.  You cannot have the utilities on anyhow until you win the bid and get permission.  If your buyer is going to live in the house (not rent or flip it)  then they can back out if the are getting an FHA loan, and there's a major problem with the roof, foundation, major plumbing or HVAC.  Investors don't get that option.\n2- Put the bid in yourself.  Don't go to the BLB for them to enter it on the computer.  This is a secret bidding procedure.  You don't want the broker representing other buyers knowing what your bid is - you'll lose by $1 every time!!!!\n3- In Texas, I've helped other agents put in HUD bids (as long as I don't have a buyer for the same property).  Contact me if you're in Texas.\n4- I'm not sure in other states, but here, the closing agent is picked by HUD's Marketing company - Southwest Alliance (used to be part of First Preston).  They will do the title search.  The mortgage company would contact them for title commitment.\n5- If you win the bid, then you have 48 hours to get the ORIGINAL paperwork SIGNED IN BLUE INK to them (the website will tell you where your contract has to go).  Include all the pages, plus a lender pre-qual letter (signed by loan officer, buyer and broker), and a copy of the cashier's check.  The check will then go to the actual title company or attorney they've chosen to close the property.
76273
try: reversemortgage.com
152441
NO......I WOULD STRONGLY SUGGEST THAT YOU SELL THE HOUSE..\nBECAUSE THEN YOU ARE GOING TO BE STUCK WITH 2 PAYMENTS... THE ONE FROM WHERE YOU BOUGHT THE HOUSE...AND THE 2ND LOAN YOU TAKE OUT...\n\nWHATS GOING TO HAPPENED WHEN YOUR MONEY RUNS OUT...FOR PAYING THE HOME YOU PURCHASED....??\n\nYOU WILL BE STUCK WITH 2 PAYMENTS.