Foreclosure Laws in Different States

foreclosure1Foreclosure is the process by which a homeowner’s rights to a property are forfeited because of failure to pay the mortgage. If the owner cannot pay off the outstanding debt or sell it via short sale, the property then goes to a foreclosure auction. If the property does not sell at auction, it becomes the property of the lending institution. Foreclosure is very complicated and it’s laws vary by state so it would be advisable to consult with a real estate attorney in your particular state.

As foreclosure process can be very confusing and complicated, we decided to describe it step by step.

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Find Out If You Are Eligible for a J-1 Visa

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The J-1 Visa or Exchange Visitor Program was first implemented in 1961 as part of the Mutual Educational and Cultural Exchange Act of 1961. The idea behind this act was to promote the understanding of other cultures by the people of the United States and likewise the understanding of the America culture by people of other countries through educational and cultural exchanges.

The J-1 Visa is a non-immigrant, cultural exchange visa issued through the Exchange Visitor Program.

The J-1 classification (exchange visitors) is authorized for those who intend to participate in an approved sponsor program for the purpose of teaching, instructing or lecturing, studying, observing, conducting research, consulting, demonstrating special skills, receiving training, or to receive graduate medical education or training.

Individuals who qualify for J-1 status if sponsored through an accredited Exchange Visitor Program include:

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Main Areas of Homeowner Liability

In many states, property owners owe different duties to people who come onto their property. They have a liability to protect any person from harm or injury that enters their premises. There are three areas under which a homeowner is liable to anyone on the homeowner’s premises:Avoid-Homeowner-Heartbreak-with-Liability-Insurance

  1. invitees
  2. licensees
  3. trespassers

In states that still distinguish among these categories of people, the legal duty owed to each category is different. It is important to ask a lawyer whether these categories and standards of care apply in your state.

Let’s see what each category mean.

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How to Find the Right Lender

piggyback-mortgage-house-familyWe all are daydreaming of a big and beautiful or small and cozy, but our own house. The process of buying a house can be, and in fact it is, very confusing and stressful. State and federal laws, current mortgage rates, tax considerations, your personal preferences and your financial situation – all these only add more headache to you.

One of the most confusing parts of the mortgage process can be figuring out all the different kinds of lenders that deal in home loans.

So, in order to get the best deal, or you have other special circumstances to address, understanding the different types of lenders can be a big plus.

There are direct lenders, retail lenders, mortgage brokers, portfolio lenders, correspondent lenders, wholesale lenders and others.

First, let’s define a lender and what he does. It is someone who lends money to another; it can be individual, public or private group. The money that was borrowed should be repaid with additional interest.

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Eminent Domain – What Does it Mean?

eminent domainEminent domain, broadly understood, is the government’s right to take private property for public use, even without the owner’s consent.

The most common uses of property taken by eminent domain are public facilities, highways and railroads.

As of public use, it means:

  • available to the entire public
  • needs of society (schools, hospitals, highways)

Nowadays, the meaning of public use is beginning to be broadened to public benefit, which means that property may be transferred to a private owner for the purpose of economic development, which in its turn can create new jobs, revitalize a depressed urban area, thereby it can be qualified as a public use.

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What Is Trespassing and How to Protect Your Property?! No Trespassing! Private Property!

Your home is your castle! We all want to feel protected and safe in our homes. Tmy house my castlehat is why we all are aware of importance to secure our private property. People have different views on property rights. Some don’t mind if people walk on their land, while others don’t want anyone on their property. Though, people are concerned about the trespassers, either they’re aware of theft and vandalism, or they want to avoid liability if a stranger is hurt while on their property. Yeah! Don’t be surprised! You may be taken to court if somebody was accidentally hurt on your property.

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What is a Family-Based Visa and How to Get One?

family-petitions-charlotte-nc-immigration-lawyer

Nowadays people from all over the world aspire to live in the United States and leave their home countries. Immigrants go through a hefty process wanting to end up where you are now in the U.S., living with independence and freedom. But, immigrants can’t walk into the United States even if they have family members who live in the U.S., they’re required to go through a series of steps that can take years just to be with the ones that they love.

  • During 2012, there were 1,031,631 immigrant admissions to the United States.
  • 680,799 of these admissions were Family-sponsored immigrants.

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Naturalization Ceremony – Oath of Allegiance

The Oath of Allegiance is held next to an American flag during a Special Naturalization Ceremony at the U.S. Treasury Department in Washington

The United States is a nation of immigrants. There are many steps involved in the process of becoming a citizen of the United States, and since 9/11, the process is even more difficult and time sensitive. However, the process, once completed, is gratifying and well worth the effort.

immigrants_us_citizen_testWhen you are on the home stretch of the whole process, you’ll be invited to take the Oath of Allegiance, which will complete the process of becoming a U.S. citizen.

Before the ceremony, you’ll get a Notice of Naturalization Oath (Form N-445) with the date, time and location of your scheduled naturalization ceremony.

NOTE: Failing to appear more than once for your ceremony may lead to a denial of your application.

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Avoid Foreclosure

A home is often a most valuable possession of a family. Buying a house is very BuyingForeclosure_largestressful and when you finally got a  mortgage on the home you want, you never think that you’ll ever loose it. But you never know. Few choose to remain without their houses voluntary. Yet, if you miss your mortgage payments, you may lose your home through foreclosure.

Foreclosure is a process by which a party (bank, mortgage lender, etc.) who has loaned money secured by a mortgage or deed of trust on real property or is the owner of an unpaid judgement forces the sale of the property to recover principle balance due, plus unpaid interest and all costs associated with the foreclosure after the debtor fails to remedy the default on the loan.

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  • Every three months, 250,000 new families enter into foreclosure;
  • One child in every classroom in America is at risk of losing his/her home because their parents are unable to pay their mortgage;
  • 1 out of every 200 homes will be foreclosed upon

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Getting Out of Jail by Setting a Bail

A person’s first thought after being arrested and put in jail is often how Get-out-of-jail-300x190to get out and fast! The usual way to do it is to post a bail.

Bail is cash, a bond or a piece of property that has a cash value, that a defendant gives as a guarantee that he or she will appear in court when ordered to do so. In general, if a defendant shows up to court when he or she is supposed to after being released from a jail, the court will return the bail. BUT if he or she DOES NOT show up, the court will keep the bail and most likely issue a warrant for the defendant’s arrestjail-bail-guy

Judges are responsible for setting a bail. Commonly many people want to get out of jail immediately instead of waiting a day or longer to see a judge, that’s why most jails have standard bail schedules that specify bail amounts for common crimes. Where a defendant poses a threat to the safety of the community, he or she may be held without bail.

After being released a defendant may be required to: limit travel; maintain or seek employment; undergo drug and alcohol testing; comply with a curfew; comply with periodic check-ins with authorities; refrain from possession of a firearm etc.

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