Still owing after Trustees sale

Posted by Cheryl on October 20, 2006 at 12:51:01:I purchased my brothers home to keep him from foreclosure, providing he make the payments. He made 2, and now it is going to Trustee's sale Nov.7. Since only 2 payments were made and the market is down, will I have to pay the rest of the loan if they don't get that much for the house?

• Need more info - Greg 06:41:41 10/21/06(3)
  • Re: Need more info - Cheryl 12:33:49 10/23/06(2)
    • Re: Need more info - Cheryl 18:07:29 10/23/06(1)
      • Re: Need more info - BigMike 00:43:54 10/25/06(0)

Foreclosures

• Foreclosure Homes
• Foreclosure Homes - Page 2
• Agent Listed REO
• National Search

Pre-Foreclosures

• Pre-Foreclosure Listings
• Free PreForeclosure Lists
• Buying at Trustee's Sale
• California Foreclosures
• Counties in Selected States
• Finding Distressed Property

Assistance

• Foreclosure Help
• California Timeline
• Scams
• Lease Buybacks
• Walking Away
• Judicial vs. Non-Judicial
• Foreclosure Process by State

Resources

• Discussion Board
• Discussion Archives
• Real Estate Definitions
• Using Property Data
• Trustees & Posting Co.s
• Broker Price Opinion Co.s
• Industry Links
• Other Informational Sites

Investing

• Introduction to Investing
• Learning Property Values
• Ready to Invest?
• Investing 101
• Investing 111
• Investment Tools
• Real Estate Foreclosures
• How Much Work?
• Housing Trends
• Lender Motivations