Divorce of the mortgagors, transferring the title to the person awarded the property....2.

It's customary that default will award 10% of the sale price for or as liquidated damages and if not paid upon demand the party in default agrees to pay costs of court, reasonable attorney fees and collection costs, so defaulting can get expensive.

Wow, a tenant was awarded $800,000 from the landlord because of bedbugs!

So if the plaintiff sues, judges awards $100k in damages, the lender gets paid out before the plaintiff?

You will be awarded as compensation a certain percentage from the proceeds of the investment, which is still negotiable.

I have seen that done personally.Especially those with no junior loans or encumbrances the owner losing it is awarded the overage and in many foreclusres I have attended these overages would have equated to more than the losing party could have got if they sold the home prior to sale.

Currently, VRM has been awarded the contract for selling VA, though PRIMELENDING has been awarded the lending contract and will in time be offering VENDEE financing again.

You can continue making the payments and the divorce court can award you the property and the assumption of the loan.

In exchange for the condemned property, the owner receives a reasonable amount of money or property called a condemnation award.If a taxpayer receives a condemnation award of money or unlike property and purchases qualifying replacement property within a specified period of time, they may elect to postpone all or part of the gain realized on the condemnation.

The court shall award the prevailing party the amount owed and shall give judgment for any other amount which is due. 2.