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The Bancorp Foreclosure Form

The Bancorp Foreclosure Form

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let's talk about foreclosure when can a bank foreclose on a home there are two types of states in this country there's a mortgage state and a deed of trust state tennessee happens to be a deed of trust state that is a stronger state in terms of the bank's ability to foreclose than a mortgage state there's a difference in the time lag between the time you default and the time that the bank can legally foreclose so what's the safe thing to do the safe thing to do is do not get 30 days past due because it doesn't matter whether you're an indeed a trust state or a mortgage state once you're 30 days past due the bank can't foreclose do they always do that no not necessarily they may they may not depends on the situation and what the bank feels as though it's is is is is in its best interests sometimes the banks don't want to foreclose because the house has gone down in value and it'll cost them m

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