After Redemption...

Posted by Andrew on October 18, 2002 at 18:24:45:

My home was sold in a foreclosure sale about 2 months ago. I had a short sale arranged but the bank personnel dropped the ball. So now it is in redmption and I have a buyer. My redemption amount is 109k. I am selling the house for 125k. What can I expect to happen after the house sells? WIll the bank come after me for the 10k difference on the original note even though the property is foreclosed?

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• Re: After Redemption... - sam 23:03:01 10/18/02 (0)

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: My home was sold in a foreclosure sale about 2 months ago.  I had a short sale arranged but the bank personnel dropped the ball. So now it is in redmption and I have a buyer.  My redemption amount is 109k.  I am selling the house for 125k.  What can I expect to happen after the house sells?  WIll the bank come after me for the 10k difference on the original note even though the property is foreclosed? 


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