Once a financial institution has completed a foreclosure, conducted the sale, evicted the homeowner, and deeded the property to another, can that institution three years later reverse everything they did, (except the eviction)? Can they without notice to the homeowner, place the homeowners back into a defaulted loan contract with interest and fees accrued for the three years the property had been sold, and place homeowners back on the Title? Can this be done without a new contract, or agreement? Can this be done at all?
Also what recourse does the homeowner have if this has occurred and thrown them back into a state of disrepair if their property while in possession of the Bank was demolished?
Thank you
State of Oregon
Also what recourse does the homeowner have if this has occurred and thrown them back into a state of disrepair if their property while in possession of the Bank was demolished?
Thank you
State of Oregon
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