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Foreclosure ---- State of Oregon

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  • Lovely1
    Junior Member
    • Mar 2015
    • 1

    Foreclosure ---- State of Oregon

    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
  • Friend In Court
    Top Level Member
    ☆☆☆☆☆☆☆☆☆☆☆☆
    • Apr 2011
    • 16463
    • United States

    #2
    re: Foreclosure ---- State of Oregon

    Originally posted by Lovely1
    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
    Without knowing the facts -- why the foreclosure was vacated, no one can offer an informed opinion. Do you have a complete copy of the files on this matter? If so, then you need to take them to a real estate lawyer, preferably one that specializes in mortgage and foreclosure defense.

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