Re: Amount Remaining on Loan

Posted by steele in minnesota on September 19, 2007 at 20:17:40: In Reply to: Re: Amount Remaining on Loan posted by OC Andy on September 19, 2007 at 16:46:44: "A simpler solution is just to look at the NOD in Non-Judicial states or the Foreclosure filing in Judicial foreclosure states, It will state the amount exactly."


Of course, it will keep increasing every day what with not only the missing payments but also any costs the lender incurs during this timeframe. The amount in the notice reflects that particular day it was published (even a day or two before).

Many people are surprised to see that the opening bid at the sheriff sale here might be another $2,000-$4,000 higher than what was originally published. But they forget that amount was from two months earlier.

Steele
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