foreclosure in mo

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Posted by karen on June 24, 2003 at 00:16:13:

need help with foreclosure buyout amount. i have been told that the party must accept the balance of the note as settlement is this correct. i am in mo and have sale date next week and she just finally gave a payoff amt of 71000.00 the original note was 49,400. we have been told that she must accept the balance on the note as settlement please advise

Follow Ups:

• Re: foreclosure in mo - pattyk 13:19:44 06/25/03 (1)
• Re: I'm somewhat confused - Jim V 01:35:03 06/25/03 (0)

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: need help with foreclosure buyout amount.  i have been told that the party must accept the balance of the note as settlement is this correct.  i am in mo and have sale date next week and she just finally gave a payoff amt of 71000.00 the original note was 49,400.  we have been told that she must accept the balance on the note as settlement  please advise








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