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Current Foreclosure Discussion Foreclosures Discussion Archive 1



2nd mortgage



Posted by wendy on April 18, 2002 at 22:58:05:

We have a second mortgage on our property thru Beneficial. If we let our house "go" and it is foreclosed on, what do we owe Beneficial? Our 1st loan is a VA loan. We've only missed April's payment and are planning on making May's, but we are moving out of state and the market here is awful. Also, we have it listed with a realtor until October. What happens if we go through foreclosure?


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