Posts Tagged ‘landlord’
National Foreclosure Relief and Notice of HUD Rights
August 17th, 2009
I have a 1 yr. lease on a fairly new home with 2 other people on the lease with me. We are in the 8th month now and we all have plans to end it after the year is up.
Last week, and just today, we received in the mail a notice titled "Notice of HUD Rights" from a company called National Foreclosure Relief based in NV (addressed to the landlord/homeowner). At first, I thought this was some type of solicitation and threw the first one away. It states that the notice is not an attempt to collect a debt but that the time to enter into a repayment plan is running out.
On the back is states:
"As of Jan. 19, 2001, the US. Department of Urban Development mandated that all borrowers who had loans governed by their loss mitigation guidelines be informed as to their rights to repayment programs."...
The Homeowners have other properties they manage/lease aside from working in separate professions. I am almost certain that if a foreclosure is of concern then they would know about it.
My question is that if there is a foreclosure, do they have to give us a month notice or can they simply tell us to leave at any time? The agency would not tell me anything but instead tried to get me to go to a website and pay 29.95 to get information from 'legal experts' who could tell me what my options were. It all sounds like a gimmick to me. Can anyone clarify this for us?
Also, my question is do we have a right to know if there is a foreclosure, and do they have to give us a month notice or can they simply tell us to leave at any time? The agency would not tell me anything but instead tried to get me to go to a website and pay 29.95 to get information from 'legal experts' who could tell me what my options were. It all sounds like a gimmick to me. Can anyone clarify this for us? Thank you
Thanks in advance.
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Posted in Foreclosure, Help with mortgage, Home Loan Questions, Loss Mitigation, Mortgage Problems, Upside Down FHA Loan | 
Tags: borrowers, foreclosure relief, gimmick, hud, hud foreclosure, hud loan, hud rights, landlord, legal experts, loans, Loss Mitigation, mail, mitigation guidelines, national foreclosure, national foreclosure relief, national foreclosure relief nv, notice of hud rights, professions, repayment plan, reply, solicitation, urban development, us department of urban development, yr lease | 
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Renters’ Legal Rights
June 22nd, 2009
Many homeowners who find themselves with upside down mortgages decide to downsize. They have learned their lessons and they are trying to sell their homes - the homes that have been devalued and are now not worth as much as their mortgage balances. Some homeowners decide to sell the homes anyway and move to smaller and more manageable homes. Others decide to rent for a while until they can figure out what to do next to get out of the mess they are in. If you have decided to rent, instead of own for a while, then this book called Renters' Rights: The Basics will help you understand renters' legal rights when renting a property.
Book Review
"If landlords nationwide were to recommend [this] book to renters, I'd bet only half of today's landlord/tenant problems would exist in the future." (Orlando Sentinel )
"This lively, practical and occasionally humorous new book... is another in the Nolo series that makes learning about legal topics interesting and almost fun." (San Jose Mercury News )
"Well written, well researched and practical describe this thorough rental-law guide book. On my scale of one to 10, this outstanding book rates an off-the-chart 12." (Robert Bruss, nationally syndicated columnist 20080201)
Renter? Head off problems with roommates and landlords!
Is your roommate making it next to impossible to pay the rent on time each month? Or is your landlord forgetting about the clogged drain he said he'd repair weeks ago? Then it's time to assert your rights!
Aimed at everyone from the new renter on the block to more seasoned tenants who just want to know the basics, this primer is packed with the critical legal and practical information that every renter needs, written in plain English.
Renters' Rights covers important concerns such as:
Posted in Renter Problems |
Tags: landlord, landlord and renter, landlord and renter agreement, landlords, legal, legal rights, rental agreement, renter, renters, renters agreement, renters guide, renters help, renters legal rights, renters rights, renting rights, rights, rights of renters, what can landlords do, what can renters do |
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Mortgage Fraud Primary Residence
September 24th, 2008
Mortgage Fraud Primary Residence
Question: How long do we have to stay in our primary residence after refi to avoid a mortgage fraud?
how long do we have to stay in our primary residence after refi to avoid a mortgage fraud?
Answer: There is no safe harbor. Plan on 2-3 years before trying to claim you just now had the idea to move out.
FBI ASKED TO INVESTIGATE REP. MIKEY ARROYO