In virtually all lender agreements there is a stipulation that any improvements made are to remain with the property. This generally pertains to things such as an air conditioner or furnance that has been replaced, in some cases ceiling fans, those things which would damage or devaluate the property if they were to be removed. The safest option would be to simply ask about specific items, rather than remove them and take the chance of it creating problems at some later time. Unless you have a specific agreement with the owner of the mortgage anything that has been installed has become a fixture and is PART OF the property once you install it and no longer your personal property. So if you upgraded the dishwasher, for example, you must leave it unless you specifically get permission to replace it with the old one that you removed. Same with your grandma's heirloom light fixture that you brought to the house. Once you installed it, it became part of of the house and must remain with the house legally unless you get a signed agreement that states that you can replace it with a different light fixture.
Yes.
In some states it is illegal, in some it's not.
No, it probably is not illegal. Once you have the notice of foreclosure, then you should make plans to move. Some companies move faster than others, but basically if you are not paying for the housing, you have no right to remain in the house.
You can put a house up for sale in foreclosure, but the foreclosure process could happen before the house sells. It doesn't make any sense, if you would like to sell the house, do so before foreclosure.
It is in your mortgge document. Usully fixtures stay, appliances can go. Be aware of the difference, if an appliance is build into the kitchen it is a fixture, if it is just plugged in its an appliance. Read your mortgage document, some states allow or it is common that some appliances are considered part of the house. If you take fixtures the lender can ask for restitution.
The average cost is $83 per square foot, but this number varies based on region. You also need to factor in the cost of the lot and your fixtures/appliances.
You can take anything IN the house, that you brought in when you purchased it, ie. furniture, drapes, etc. You cannot take anything that is attached to the house, ie. light fixtures, doors, windows, ceiling fans, etc. If it would decrease thevalue of the house by taking it, leave it alone.
Yes, you get the best deal by buying a house at a foreclosure auction. You can read more at www.realtytrac.com/foreclosure/Auction/how-to-buy-homes-at-auction.html
mo ney
Houses go into foreclosure when the owner can no longer afford to make the house payments. Many people look to purchase foreclosure homes as they can often be purchased for a low price.
in new york how long can you live in your house once foreclosure starts
My house is going through foreclosure. My biggest need is money to move and finding a place to rent.