CA-Trying to keep home....please help

[LiveStrong]

You just need to get some legal advice.
The problem you may have is, the UCC requires a lein to be perfected within either 20 or 30 days of funding the loan {forgot which one}. I'm not sure when it was notarized has any bearing.
The few experiences that posters have shared on this site about this issue have all ended badly for the bk filer.

The UCC?

[LiveStrong]

Another question:
What does the court / trustee typically determine the cost to sell a home to be? One attorney told me 6% and another said 8%. Is their a solid figure for this in CA?

[keepmine]

The UCC?

Uniform Commerical Code.

[LiveStrong]

Uniform Commerical Code.

Okay..thank you

[LiveStrong]

Another question:
What does the court / trustee typically determine the cost to sell a home to be? One attorney told me 6% and another said 8%. Is their a solid figure for this in CA?

Would the court determine the value of my home based on fair market value or the value they would get at an auction which obviously wouldn't be the 'appraised' value?

[2manybills]

We used the "appraised value" which has become the price of all of the foreclosure sales around my neighborhood.

[LiveStrong]

We used the "appraised value" which has become the price of all of the foreclosure sales around my neighborhood.

Oh okay...What did they determine the cost to sell your home percentage to be?

[2manybills]

They didn't. We just put down the appraised value of the house.