foreclosure and 2nd mortgage

Posted by Bella on January 15, 2003 at 03:30:49:

WE took a 2nd mortgage out on a home in 98. The house was given back to the bank en lue of foreclosure because the 2nd mortgager would not accept the payoff the first mortgager offered. Since I do not own the property anymore, do I still owe the 2nd mortgage ?? Do I still have to pay this off by law?

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: WE took a 2nd mortgage out on a home in 98. The house was given back to the bank en lue of foreclosure because the 2nd mortgager would not accept the payoff the first mortgager offered. Since I do not own the property anymore, do I still owe the 2nd mortgage ?? Do I still have to pay this off by law?   


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