Personal Property

[mountanddo]

Does the bank ever seize your personal property in the house when you get foreclosed? Stuff like garage sale items, furniture, dishes etc. What about old campers or cars that are on your property.

[HHM]

If the property is "abandoned", yes; but in general no. Even with evictions post foreclosure, you are given some time (i.e. a few days to move your stuff).

[AngelinaCatHub]

If it's stuff of little value, and the house is theirs, the clean up company may (and probably will) take it. It is best to remove anything you can. Better you yard sale it than others. 'Hub

[walker740]

Just to let you know...it is best if you get everything out. We were out before the sale date, but left a washer and dryer in the house and the bank sued us for leaving it in there. Now we have an eviction on our record. Thankfully we like our little cheap apartment and will probably be here for many years. The bank was Flagstar. I so regret refinancing through them a few years ago. I have a feeling this wouldn't have happened if we had stayed with Chase. I think the smaller the bank the more picky they are about there foreclosures because they don't have as many.

[mountanddo]

Ok, well my boyfriend is afraid that the mortgage company is going to come in and take everything in his house if they win a suit after the sheriff sale. He bought a older camper to refurbish so he could store his household items in after he has to move. Basically all he has are things that he bought at garage sales and estate sales, a 10 year old truck that was paid off with his HELOC and that camper. I told him that as long as he had his stuff moved and he was out before the redemption period ended that I didn't think the bank would be interested in taking his personal items. I would guess that if he got evicted and his stuff was left there that they'd just toss it all in a dumpster anyway.

He is scared that he will come home one day and his camper will be gone and all his household stuff will be seized.

[mountanddo]

Just to let you know...it is best if you get everything out. We were out before the sale date, but left a washer and dryer in the house and the bank sued us for leaving it in there. Now we have an eviction on our record. Thankfully we like our little cheap apartment and will probably be here for many years. The bank was Flagstar. I so regret refinancing through them a few years ago. I have a feeling this wouldn't have happened if we had stayed with Chase. I think the smaller the bank the more picky they are about there foreclosures because they don't have as many.

So even though you were out because you left a washer/dryer in the house you were served with an eviction notice? Do you have to take all the appliances out too?

[walker740]

So even though you were out because you left a washer/dryer in the house you were served with an eviction notice? Do you have to take all the appliances out too?

Well, they tried to serve us with an eviction notice, but since we were not living there they couldn't. The way we found out was a local attorney sent us a notice wanting to represent us. I immediately got on the court website and sure enough they were suing us. The next day I called the attorneys for Flagstar and they said there client requires you to removed everything from the house. The judgement entered was "for possession of premises". I really do believe that bigger banks will not sue for this. They have way too many foreclosures to take everyone to court.