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A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...
A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans .
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
In 2006, the farmhouse was sold at auction following the death of Dr. Carey A. Phillips. The 40-acre (160,000 m 2) tract of land (including the house) has been made into a cemetery now called Oak Lane Memorial Park. Prairieville is also known for the historic school Prairieville Middle, which was changed and established around the 1930s or later.
Get the Prairieville, LA local weather forecast by the hour and the next 10 days. ... Storm destroys bridges and damages homes in Greek island of Rhodes. ... Today's top weather news for Monday ...
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