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Tagged with: lien
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A Curious User
5 months ago
I’m currently living in Eau Claire Wisconsin, in a rented home. I was a home owner in Puerto Rico four years ago.

Before to starting living at Wisconsin (year 2013), I had my home in Puerto Rico on sale with the buyers with a loan approved.

As part of my relocation benefits my company was providing sales assistance to my home. But at the moment of the closing, it was discovered my home and also the entire neighborhood in where the house is located were not free of liens.

The entire story for having this liens is the following: This was a new construction project consisted of 47 homes. The contractor made an agreement to the owner of the land in where the 47 homes are located. The agreement consisted to paid the money for the land to the land owner after all the houses were constructed.

That agreement from the contractor to the land owner never was completed and the land owner decided to take legal actions to the contractor. Unfortunately for us (all the 47 home owners) the contractor declared himself in bankruptcy.

The land owner with not more choices present to the court the situation and all the homes were to public auction around the year 2010. The legal situation continuing in course, and when I was moving from Puerto Rico on 2013 the bank told us the lien was cleared out and also I had the go-ahead to sell my home. I tried to sell my home twice with two different buyers but the lien issue was never resolved.

I’m continuing working with my lawyers and continuing paying my mortgage while I was not living any more in Puerto Rico. I paid the mortgage until November 2015, by recommendation of my lawyer and also because I don’t had any other option I give-up and stop paying my mortgage since then.

Back to the present, my home was sold in a public auction on March, now on my credit reports appears the foreclosure with $0 balance.

Sorry for the long email, but what I’m looking for is to have the opportunity to buy a home here in Wisconsin. I really had a good credit before this foreclosure. Actually this is my 4th year paying rent without any late payment. Also all my accounts, like credit card, car loans Cellphone bills ect, does not have any late payment.

I have all the evidence in the world to demonstrate the lien issue I had with my home in Puerto Rico and also the two times in where I had the buyers with the loan approved but the sale was cancelled by the lien legal issue.


Again, sorry for the long email I just need some orientation to who I can call or contact in order to have the opportunity to buy a home with a FHA loan. Why FHA? Because I don’t have the enough money now for down payment. I have an expectation to buy a home next year as soon my current renting contract ends.

Thanks for attending to this

Ismael
I’m currently living in Eau Claire Wisconsin, in a rented home. I was a home owner in Puerto Rico four years ago.

Before to starting living at Wisconsin (year 2013), I had my home in Puerto Rico on sale with the buyers with a loan approved.

As... (more)
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Kate Anderson
a year ago
My husband owes back child support - I understand even if he isn't on the loan, his name is still connected to the purchase. In that case, can the state (WI or OK) post a lien against us for the amount due?

“Except for obligations specifically excluded by state law, the debts of the non-purchasing spouse must be included in the borrower’s qualifying ratios, if the borrower resides in a community property state, or property being insured is located in a community property state.”
My husband owes back child support - I understand even if he isn't on the loan, his name is still connected to the purchase. In that case, can the state (WI or OK) post a lien against us for the amount due?

“Except for obligations specifically... (more)
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A Curious User
a year ago
I have a federal tax lien and that is preventing me from purchasing a home. I heard you could make monthly arrangements to pay and wanted to know how many on time payments are needed to be considered for review again.
I have a federal tax lien and that is preventing me from purchasing a home. I heard you could make monthly arrangements to pay and wanted to know how many on time payments are needed to be considered for review again.
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A Curious User
a year ago
My husband has a federal tax lien on his credit report, not on mine, but we are on a payment plan regarding the same and have been for 2 years with 3 more to go. Can we qualify for an FHA loan?
My husband has a federal tax lien on his credit report, not on mine, but we are on a payment plan regarding the same and have been for 2 years with 3 more to go. Can we qualify for an FHA loan?
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Gosuke Nakamura
2 years ago
I am on E1 visa and have been working in NY over just 1.5 years as a non-resident alien. Am I eligible to apply for FHA Loan? My concern is that I only have 1.5 years of credit history in NYC area. Although I have never been late with any payment, this short span of credit history may be an issue for FHA loan as well. Can someone shed a light on eligibility to FHA loan?
I am on E1 visa and have been working in NY over just 1.5 years as a non-resident alien. Am I eligible to apply for FHA Loan? My concern is that I only have 1.5 years of credit history in NYC area. Although I have never been late with any payment,... (more)
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A Curious User
2 years ago
I have a state of Ohio personal income tax lien which is too much to pay off. They are garnishing my wages to satisfy the debt. I thought we could pay it off with the proceeds from the refinance, but now I am not sure. This could screw up our loan approval.
I have a state of Ohio personal income tax lien which is too much to pay off. They are garnishing my wages to satisfy the debt. I thought we could pay it off with the proceeds from the refinance, but now I am not sure. This could screw up our loan... (more)
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