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What happens to a foreclosed property if the house had a mortgage lien of 98000 and somebody bid only 5000 What happens with the rest of the debt?

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  • What happens to a foreclosed property if the house had a mortgage lien of 98000 and somebody bid only 5000 What happens with the rest of the debt?


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... (still had house and making payments on it and apt ... The mortgage and house is in my name only. ... If the house is foreclosed, ...
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Positive: 60 %
... let’s look at what happens when a lien is foreclosed ... the debt, only the ... former owner of the property. The senior mortgage and the line ...
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Positive: 57 %

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Home liens: preventing and removing them. ... out a mortgage to finance a property, ... card debt can only become a lien if the credit card ...
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Positive: 60 %
What can you take out of your house when it's in ... The last REO home I toured had the front door boarded up ... What Happens to Home Owners ...
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Positive: 55 %
Any creditor with a lien on property can ... that would add almost $2,000.00 to the $5,000.00 debt. ... but your house can only be taken away ...
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Positive: 41 %
What is a Property Lien? ... A lien on your house, ... This is because in most cases your mortgage was placed on the property before the liens and so must ...
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Positive: 18 %

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