Wrongful Foreclosure Damages

Q:
What damages are available through a wrongful foreclosure lawsuit?
A:
Banks are becoming more ruthless when it comes to seizing homes in a foreclosure situation-even when the foreclosure is unfounded. Doors are kicked in, locks broken, personal items damaged, not to mention the fear and stress of having strangers lurking around your property. No one should have to suffer this, and it may be possible for you to get compensation for damages in a wrongful foreclosure lawsuit. In California the Foreclosure Prevention Act of 2008 makes most foreclosure wrongful in that the lenders do not comply with the act.

What kind of damages can I receive compensation for?

Because of the forced and sudden nature of home seizure, many damages can result from the event, especially if you believe your property is being wrongfully foreclosed upon. The people hired by the bank to physically secure your property often do not take into consideration the harm they are causing your property and family. If your home is seized in error, you are entitled to wrongful foreclosure damage compensation for:

• Physical damage to the property
• Physical damage to your personal property
• Emotional damage resulting from the invasion

Recision of a Void Notice of Default, a Void Notice of Trustees Sale, Void Trustees Deed

Unknown's avatar

Author: timothymccandless

The Impact—and Your Opportunity As Our Client left the hearing room, he knew this victory was bigger than just The Crossings. Other property owners facing similar issues could now challenge their assessments with greater confidence. The case set a precedent, demonstrating that robust, market-informed evidence could lead to fair property valuations. It had been a battle, but he had proved that the system could be challenged—and that fairness in taxation was worth fighting for. Could You Be Overpaying on Property Taxes? If you own Large apartment complexes or commercial property, you may be paying far more in property taxes than you should. Just like Our Client, you have the right to challenge an unfair assessment and secure the tax savings you deserve. At Lower Property Tax CA, we specialize in helping property owners like you reduce their tax burden. Our expert consultants and appraisal team will analyze your property’s financials, market conditions, and county assessment methodologies to build a strong case for a reduction.We recognize that every client's tax situation is unique. That's why we take the time to understand your specific needs and tailor our services accordingly. You can count on us to provide personalized attention to your tax matters.

Leave a comment