Constructed in about 1485, the Old Palace gives tours as nicely as getting a venue for Weddings,corporate and private parties and much additional. The rental is not HOA approved but I have soon after three months of obtaining it rented, I am starting to believe the HOA is digging around and might discover that I am renting. They will have to take you to court and get a judgment to do it. They can only get a deficiency judgment if the house sells for less than the fair industry value BUT if you never show up to court, it is most likely that the judge will decide in the bank’s favor. We’ve had the house for sale for two years holding out hope but it’s just about gone.
No Beth…the mortgage doubled…the house needs work…it has been vacant for many years. I do not know what state you’re in, gix, but there is possibly a law stopping the lender from placing a lock on your house with no providing notice. If you let the house go by way of foreclosure, I recommend that you cease making payments fully. Even if the rent doesn’t cover the whole mortgage payment, it will cover part of it and you can cover the rest till you are able to sell the house.
Widow’s daughter – The answer to your question depends on which state the house is in. You have to have to do a small study (attempt Google, or speak to a lawyer) … READ MORE