I call the bank because my check card didnt work in the atm. So they told “My checking account that they will foreclosure but not on my saving account?” Why is that?

My landlord went to foreclosure without evicting us. The bank tried to auction the house today, but got no bids. The title reverted to the bank. What can I expect to happen next? I worry about coming home to find the locks changed, all our stuff seized. The landlord won’t take any calls and hasn’t for a month. What about our security deposit? Don’t I have to be given an eviction notice, or am I just out of luck?

We have a rental property that we can no longer afford payments. If it goes into foreclosure, will they come after our wages or make us do a 1099? We do not want to do a short sale.

I am exploring housing options for the near future, looking to buy my first house and willing to fix it up in order to sell in 3-5 years. I would be living in the house as I fixed it up as well. Is there any differences in buying foreclosed or pre-foreclosed houses vs. buying a realtor-listed house that’s for sale and making a low (but not too low) offer? Will it be worth my while to buy the listed house at a discount or should I go for a cheap foreclosure in order to get the best deal?

We rent out the house and live in another state. We are concerned about what the mortgage company would be able to take from us other than the house if a foreclosure happens?
For example: bank accounts, paychecks, future annuity payments, or any thing else owned?
We are not financially able to continue making payments long term but are current with payments at this time. We have also tried selling but with no luck.
We are a married couple but only one of us on the deed, if this makes any difference.

Looking for a reliable WordPress hosting plan? We found the best!