Posted on: 23rd Aug, 2012 02:17 am
What information is required by the lender in order to foreclose the property? I also need to know about the process concerning law enforcement. Does the local sheriff remove someone or do they have their own foreclosure police? What does the bank need to prove their reasons for the foreclosure?
Hi Colvi,
If you're not making the mortgage payments on time, then the lender has the rights to foreclose the property. If the lender has all the required documents, then he will have no issues in foreclosing the property.
Take care,
Sara
If you're not making the mortgage payments on time, then the lender has the rights to foreclose the property. If the lender has all the required documents, then he will have no issues in foreclosing the property.
Take care,
Sara
Hi Colvi!
Welcome to forums!
To know all about foreclosure, please check out the given page: http://www.mortgagefit.com/foreclosure.html
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
To know all about foreclosure, please check out the given page: http://www.mortgagefit.com/foreclosure.html
Feel free to ask if you've further queries.
Sussane