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    ngoshe8er's Avatar
    ngoshe8er Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 15, 2009, 05:49 PM
    Demanding relocation expenses when evicted for foreclosure auction
    Can a homeowner demand relocation expenses and a settlement amount when
    His lawyer has been trying to stop the foreclosure for two years but the collection
    Agency hires a top law firm to force it. To get paid, the attorney is considering
    Offering a discount on the property to purchase so he can rehab, hold and eventually
    Sell... does the foreclosed on homeowner have any right to demand relocation costs
    And a settlement to go away peacefully?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 15, 2009, 06:11 PM

    Let me get this straight. You failed to keep your mortgage payments up to date so lost the home to foreclosure. Now you expect someone to pay your relocation expenses?

    Not likely.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #3

    Feb 15, 2009, 06:11 PM
    Quote Originally Posted by ngoshe8er View Post
    does the foreclosed on homeowner have any right to demand relocation costs and a settlement to go away peacefully?
    Hello n:

    Yes. He can demand anything he wants.

    However, if you want me to tell you whether he SHOULD get these costs, you're going to have to tell me what is going on.

    Your explanation above makes no sense whatsoever...

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #4

    Feb 15, 2009, 06:20 PM

    Ok, I a still laughing so hard I can't type.

    If this is a renter, they may have a suit against the home owner for allowing his property to go into foreclosure.

    And to be honest the landowner was fighting being foreclosed on in court.
    ( sorry still laughing harder) you did not pay your mortgage, where do you believe you have any right to keep property you won't pay for. You can delay it for a bit with motions, hearings and the such but never stop it.

    And no in fact you should expect to be sued by the bank for the balance of the loan not covered in the foreclosure sale.

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