Who is the new owner of a property after foreclosure?

If you bought a residential property at a trustee’s sale after foreclosure, you are the new owner. If the former owner is still living on the property and does not leave voluntarily or enter into an agreement with you for additional time on the property,…

Can a former owner stay in a foreclosure in Nevada?

The former owner could potentially stay on the property until a court orders the former owner to move. If the former owner believes the foreclosure sale somehow violated Nevada law, the former owner might file some type of legal action to avoid being removed from the house.

Is it illegal to have a propane tank at Your House?

Answer: State law prohibits one company from filling a tank belonging to another company. This is as it it should be. The company that has their tank at your house deserves a return on that investment, and their margin on the propane they sell you is a large part of that return.

Can a bank seize a house after a foreclosure?

After a foreclosure, a bank or a private buyer has the right to seize the property. The only problem is that the person living in the foreclosed house may not have a new residence yet. To reasonably accommodate the previous owner, you must go through a highly regimented legal process before the owner can be evicted.

Can a real estate agent clean out a foreclosure?

Specifically, in the case of foreclosures, ensuring that all the previous tenant’s property has been removed from the home prior to putting it up for sale makes a big difference. Whether you are a real estate agent or homeowner that is attempting to make a sale, you know that getting rid of all that junk can be a hefty job.

Answer: State law prohibits one company from filling a tank belonging to another company. This is as it it should be. The company that has their tank at your house deserves a return on that investment, and their margin on the propane they sell you is a large part of that return.

What happens to abandoned property after a foreclosure?

The truth is that many foreclosed properties are often left with trash, abandoned furniture and other property that the previous homeowners didn’t attempt to remove and haul off. Consequently, that task falls to the Realtor® or some other representative of the bank or finance company that now holds the property.

Do you own a propane tank in North Carolina?

Most of the time in North Carolina, when a propane company sets a tank, they keep ownership of it. This is especially true for above ground tanks. Buried tanks become the property of the homeowner more often, but not always.