Re: second mortgage offers a DIL

Posted by Nicole on February 25, 2008 at 08:31:06:

In Reply to: Re: second mortgage offers a DIL posted by Erv on February 25, 2008 at 03:28:40:

not sure I understand--you mean foreclosure over DIL? I have the short sale acceptance from first, but buyer is no longer around due to it taking 6 months. Laugh in their faces? Who the second? Seems like they are trying to be really good about the whole thing--but that is what is strange--why would the second want the property--they would have to buy out the first then be responsible for marketing it. It just makes me wonder. I have read that there is a scam where they buy the first at a discount, take a DIL from you, and then try to foreclose anyway and make you liable for the whole payment. Of course, this is where I would seek a lawyer's counsel in the documents.

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