Will i get a judgement after the sale?
Posted by Matt on April 27, 2008 at 19:24:37:
My sheriff sale was March 4, 2008. It went for 100,000 dollars less than my mortgage. I had only one mortgage for 240K. It was a refi mortage. At the sheriff sale it went to another bank. So, now I only need to make up 150K. 142 for the sale and a little more for the court fees. I have a buyer and can make a little money because i'm selling for more than the redemption price. Will the original mortage company come after me with a judgement for the difference in the sheriff sale and the mortgage or for anyhing else, especially since I could make a little bit of money out of this whole situation? Thanks if anyone has an answer.
Follow Ups:
- Re: Will i get a judgement after the sale? - Nick(Colorado) 16:26:03 04/28/08
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- Re: Will i get a judgement after the sale? (url) - Julio Martinez-Clark 22:49:55 04/27/08
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- Re: Will i get a judgement after the sale? - Matt 04:37:30 04/28/08
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- Re: Will i get a judgement after the sale? (url) - Julio Martinez-Clark 10:06:38 04/28/08
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