Re: What do i owe after foreclosure in Michigan
Posted by midh on February 22, 2006 at 18:53:57:
In Reply to: Re: What do i owe after foreclosure in Michigan posted by NJDave on February 22, 2006 at 18:48:27:
: Why would you allow that to happen?
: Presumably, the second mortgage lender would take the home, then try to sell it as quickly as law permits to payoff the first... and keep whatever is left. If there was a shortfall, they could come after you for the balance.
: try to avoid that if at all possible. List and sell at fair market value...
- Re: What do i owe after foreclosure in Michigan - MIdh 18:56:30 02/22/06
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- Re: What do i owe after foreclosure in Michigan - TheShortSalePro 06:45:35 02/23/06
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- Re: What do i owe after foreclosure in Michigan - TheShortSalePro 06:45:35 02/23/06
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