Re: Foreclosed Building Bank Undersold

Posted by NJD on August 22, 2008 at 09:34:55:

In Reply to: Re: Foreclosed Building Bank Undersold posted by gb on August 22, 2008 at 09:31:35:

This sounds vaguely familiar. The question I have is who forced the foreclosure? If it was the junior lienholder, it could have sold at an amount just enough to satisfy the debt owed to it... leaving the first mortgage debt in place.

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