Posts Tagged ‘Kentucky’
In a Pre Foreclosure The Oldham County KY Sheriff Can NOT Show Up With No Notice And Throw Your Family Out
Many families who are behind on payments live in fear that the Oldham County KY Sheriff will come with no notice and throw their family out of the house. They are also afraid of every knock on the door.
I help many families avoid foreclosure by negotiating a short sale with their lender. I speak with distressed sellers every day. I am acutely aware of these fears.
Homeowners Are Afraid They’ll Come Home To A Locked Up Vacant House
Numerous times sellers have asked me or told me that they are afraid that they will come home from work and all of their possessions will be thrown out on the sidewalk and their see their kids sitting on the steps crying.
To all homeowners in Oldham County, Kentucky, please let me say that this is a myth.
The sheriff and no one else can show up unannounced and evict or throw you out during the foreclosure process.
No One Can Throw You and Your Possessions Out Prior to the Foreclosure Auction
The house first has to be sold at the foreclosure auction. There is a big difference between being served with foreclosure papers and the house actually getting lost to auction.
You will get several letters and notices from the lender’s attorney and from the court system with the actual court sale date.
The court system is supposed to staple a notice on your door about 3 weeks prior to the auction.
Even after the house is “sold” at auction, it still takes weeks or months for the deed to be transferred to the new owner.
From the day the sheriff deputy serves you with foreclosure papers it could take 4 months to a year or more until the foreclosure auction occurs.
Although it is extremely stressful, the homeowner must open all mail. Any notices should be forwarded to the short sale Realtor or to a legal adviser.
Consult With A Lawyer To Find Out Your Exact Rights
To find out your best options to avoid foreclosure, call a Realtor who specializes in short sales. Also, a real estate attorney, especially one who specializes in foreclosures and evictions can spell out the best options you have regarding staying in your home during the foreclosure process.
Oldham County includes but is not limited to: Ballardsville, Belknap Beach, Brownsboro, Buckner, Cedar Point, Centerfield, Crestwood, Demplytown, Floydsburg, Anchorage, Fraziertown, Glenarm, Goshen, Greenhaven, Harmony Lake Estates, Harmony Village, La Grange, LaGrange, Liro, Oldham, Oldham Acres, Orchard Grass Hills, Park Lake, Pewee Valley, River Bluff, Rollington, Skylight, Westport
Dave Halpern
Real Estate Broker, Louisville Short Sale Expert Realtors
(502) 664-7827
************************************************************************************
Sellers looking for foreclosure help in Louisville, KY should call Dave Halpern, Realtor, Louisville Short Sale Expert Realtors, (502) 664-7827. I will dedicate to you all the time you need for a full explanation of the process. We are compassionate, caring and patient. I will listen to your needs and wishes and customize a strategy to meet your circumstances.
I will provide you detailed information about foreclosure options and short sales. We help dozens of sellers avoid foreclosure every single year in Louisville, Jefferson County, Oldham County, Bullitt County, Shelby County, Nelson County and Spencer County.
We can help. You have options. Call even if you think your house isn’t sellable. Put an expert real estate agent on your side. Many testimonials available.
In a Short Sale “Is it better that I move out?”
In a Short Sale “Is it better that I move out?”
Sellers ask this all the time. The answer is the seller can stay in the house all they up to the sale to the new buyer.
There are actually many questions behind this question:
Question: Will the bank be angry that I’m living in the house without paying?
Answer: The bank realizes that many borrowers can’t pay. That’s why they have the short sale program. You didn’t create this housing slump or job market crisis.
*****
Question: Does the bank want me to move out because I’m not paying?
Answer: No. The bank prefers you stay in the house. If you are in the house they know the house will be maintained, the grass will be cut, the utilities will be on, pipes won’t freeze, and the likliehood of vandalism will diminish.
*****
Question: So the bank is OK with me living free in the house?
Answer: Actually, some lenders REQUIRE that you stay in the house until it sells. That’s how important it is to them that you remain.
*****
Question: But I’m afraid that the sheriff will show up with no notice and throw me out.
Answer: The sheriff cannot evict you before the house actually sells at the foreclosure auction. You will get many letters and notices prior to the auction. Please read a previous article xxxxxxxxxxxxxxx for more details.
*****
Question: What if I must move out or really don’t want to stay in the house anymore?
Answer: want to stay In most cases that’s fine also. If you have to move on with your life that’s understandable. Please check with your short sale specialist Realtor if moving out will impact your eligibility.
*****
Also, a skilled short sale Realtor will keep you informed of progress and will get your auction postponed to enable the short sale to be completed so you can avoid foreclosure.
These questions are all valid concerns. But notice that the answers are the exact opposite of conventional wisdom. Such is the nature of short sales.
If you are in the Louisville, KY area please call me (502) 664-7827 at any time with any questions you may have. Nights and weekends are welcome, too. Call me at any time that is most convenient for you.
Dave Halpern
Real Estate Broker, Louisville Short Sale Expert Realtors
************************************************************************************
Sellers looking for foreclosure help in Louisville, KY should call Dave Halpern, Realtor, Louisville Short Sale Expert Realtors, (502) 664-7827. I will dedicate to you all the time you need for a full explanation of the process. We are compassionate, caring and patient.
I will provide detailed information about foreclosure options and short sales. We help dozens of sellers avoid foreclosure every single year in Louisville, Jefferson County, Oldham County, Bullitt County, Shelby County, Nelson County and Spencer County.
We can help. You have options. Call even if you think your house isn’t sellable. Many testimonials available.
Foreclosure and Divorce in Louisville – Beware When One Spouse Gets The House and The Other Gets The Mortgage
When the divorce agreement awards the house to one spouse and the mortgage obligation to another, this could spell great peril. The spouse in the house often doesn’t know if the “mortgage spouse” stopped making the payments.
The billing address usually gets changed to the mortgage spouse’s new address. The spouse in the house does not get any late notices about non-payments until it’s too late.
Even though house spouse can claim that the mortgage spouse is in contempt of the agreement, the damage is already done. The back payments and legal fees often make it too hard to catch up and cure the arrearage.
The house is now headed to short sale or foreclosure. Foreclosure often leads to bankruptcy.
So what should be done if you are a spouse that got the house?
- You still have the right to call the lender every month to confirm the payment was made.
- You have the ability to check the payment history online.
- You may also call your lender to determine what other early alert systems they have. Can they email you late notices? Can they mail you duplicate billing statement copies?
You don’t want to be totally blindsided about the arrearage when the sheriff knocks on your door to serve you with an unexpected foreclosure lawsuit.
Dave Halpern
Real Estate Broker, Louisville Short Sale Expert Realtors
(502) 664-7827
************************************************************************************
Sellers looking for foreclosure help in Louisville, KY should call Dave Halpern, Realtor, Louisville Short Sale Expert Realtors, (502) 664-7827.
I will provide detailed information about foreclosure options and short sales. We help dozens of sellers avoid foreclosure every single year in Louisville, Jefferson County, Oldham County, Bullitt County, Shelby County, Nelson County and Spencer County.
We can help. You have options. Call even if you think your house isn’t sellable. Many testimonials available.
WCWAMW92GTE4
David Halpern Lifts Load Off a Client’s Shoulder!
I Brenda Davis, I am so glad that I met Dave. He helped me so much. Sold my home. Helped me when I had no one. I am fully grateful for Dave. The mortgage is fully forgiven. I feel a great load has been lifted off me. I am so happy this is over and I owe nothing. Thank you Hope, I think I called her a thousand times and she was so nice and understanding. Thank you Dave and Hope.
David Halpern Works through Successful Short Sale for Stressed Family!
This letter is to let everyone know that David Halpern and his office saved us almost $35,000! We were so stressed and on the verge of drastic measures when we contacted David. Although the process was slow, we hung in there and after 9 months finally got a successful short sale thru David Halpern’s office.
Thank you David!
David Halpern Allows Family to Move on with their Lives!
Thank God for Your New Home Today Realtors
We were under foreclosure due to a bad mortgage loan we are now safe from Wells Fargo, Litton Loan and are able to move on with out lives due to the intelligence of this company.
Homeowner in Unfortunate Situation Rescued by David Halpern
Words can’t express our appreciation for Dave, Hope and Kim. We were in a tight spot due to some unfortunate circumstances. Dave’s office was professional, fast and very kind. This was so fast and easy. I would highly recommend this company to anyone. They are awesome! Thank you guys!
Family Feels Blessed Thanks To David Halpern
Our experience with Dave, Hope, and Kim has been great. After hearing of our pending foreclosures, as first time homebuyers we were devastated with the loss of our first home. Unsure of what to do and where to go to remedy our situation, a friend referred me to a realtor. After reviewing the situation, the realtor thought it would be in our best interest to contact someone who knew more. After speaking with Dave, we knew we were in great hands. He was thorough and sensitive to what we were going through. His staff, Hope and Kim, were equally as wonderful. He kept us up to date with any information needed to progress.
Understanding that this has been trying, we feel hat we have been blessed with this option available to us. We were given the best chance at a new start thanks to Dave, Kim and Hope.
David Halpern Short Sales for Stressed Homeowner- Relieving Her from Stress!
Dave Halpern helped us so much. We were forgiven of our debt and relieved of all the stress and turmoil in dealing with the sale of the house.
We ha a lot of trouble with our loan company and Dave continued to work until all the details were completed.
My husband and I thank Dave very much.