Before a bank can sell your house at a foreclosure sale, you will get some sort of formal notice about the foreclosure. The kind of notice you will get depends on whether the foreclosure is judicial or nonjudicial, and what your state’s foreclosure laws require.
Fourth dca confirms association lien foreclosure Valid Despite Pending Mortgage Foreclosure. Arias Bosinger, PLLC is pleased to announce Frank J. Lacquaniti has joined the firm. He will practice out of the firm’s Altamonte Springs office.
It is advisable, therefore, to check the title of the property that will be sold. Is the lien being foreclosed a second or third lien? If so, then the first lien (usually a purchase-money lien held by a mortgage company) will continue in force. First liens are king. They are not extinguished by foreclosure on an inferior lien. What about IRS liens?
florida courts simplify foreclosure of non-borrower’s interest by Roy Diaz in Resources The Second District Court of Appeals ("Second DCA") recently issued an interesting opinion about the limited rights of a non-borrower in a foreclosure case.
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Fourth DCA Confirms Association Lien Foreclosure Valid Despite Pending Mortgage Foreclosure Despite a slowing in the number of Florida mortgage foreclosure cases, many community associations still face situations where a foreclosing lender fails to timely complete its foreclosure resulting in the property sitting abandoned and not contributing.