When financing is involved in a real estate purchase, it is important to understand if you will be subject to the title or lien theory of mortgages. The way in which a state will interpret how mortgage law is followed will be determined by which type of theory is practiced in your state. Each typ
...
10/12/2010
FORECLOSURE HALT-- NOT GEORGIA! Georgia is a non-judicial foreclosure state and is not affected by the moratorium on foreclosures. Borrowers give up their rights to due process in court when they borrow; they specifically give a Power of Attoney to lender to do one thing: sale their home if they
...
10/05/2010
What happens to HOA dues and condo dues in a foreclosure? All condominiums have mandatory condo dues that cover the insurance on the building, the maintenance and liability insurance on the common areas and amenities, and some of the utilities. Many townhomes and subdivisions also have mandatory
...
10/01/2010