Tag Archives: deficiency judgment
The long arm of foreclosure
It’s called a deficiency judgment and it’s a nightmare for former homeowners who thought they were free of a mortgage after the bank foreclosed on their property.
Since foreclosed homes hardly ever sell for an amount that covers the outstanding loan, 4… Continue reading
Posted in Mortgages
Tagged deficiency judgment, foreclosed, foreclosures, homeowners, judgments, Mortgages
Comments Off on The long arm of foreclosure
The long arm of foreclosure
It’s called a deficiency judgment and it’s a nightmare for former homeowners who thought they were free of a mortgage after the bank foreclosed on their property.
Since foreclosed homes hardly ever sell for an amount that covers the outstanding loan, 4… Continue reading
Posted in Mortgages
Tagged deficiency judgment, foreclosed, foreclosures, homeowners, judgments, Mortgages
Comments Off on The long arm of foreclosure