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Old 08-26-2009, 03:37 PM
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Default Which is the difference between Foreclosure...
...and Foreclosed? if a House go to FORECLOSURE can the I still living in the house until I receive the evicted letter? I live in the state of Oklahoma and I would like to know also if the bank can take all my things of the house and no longer belong to me?But all my things continue to belong to me? if I just receive the evicted notice and leave in time?
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Old 08-26-2009, 05:35 PM
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You can live in the house until the bank gives you an eviction notice. A house is "foreclosed" when the process is over and the bank owns it. Yes, the house will no longer belong to you. They will then sell it.
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