Foreclosure in 85248 : Real Estate Advice

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LaLena Chris…, Real Estate Pro in Phoenix, AZ
LaLena Christopherson answered:
I have not heard from my second mortgage company in 15 years. Are they responsible for sending me some kind of correspondence.?
Have you paid it off and are you looking for a lien release? If you provide a bit more information we may be able to help.
0 votes Share Flag Mon Mar 3, 2014 Foreclosure in 85248
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Am I responsible for an equity line on my property in S. Florida when the primary lein holder has completed bankruptcy on my property.
I have seen where the EQUITY lender pulled their LIEN before foreclosure,
then they went after the Homeowner for the full amount.
YES, they can do that.
If the LIEN was still part o ... more
0 votes Share Flag Mon Feb 25, 2013 Foreclosure in 85248
Tim Watson, Real Estate Pro in Lilburn, GA
Tim Watson answered:
What will happen if I stop paying the 2nd mortgage on my rental?
If the property is only worth 78k and you have already lost 2 rentals I would suggest you (and I assume your state would allow this) file for bankruptcy and in Georgia and other states ... more
0 votes Share Flag Tue Jan 17, 2012 Foreclosure in 85248
Terry Parrish, Real Estate Pro in Ahwatukee, AZ
Terry Parrish answered:
i lost my house to forclosure, the bank on the home equity line is coming after me. can they do that?
Yes, Please contact a real estate attorney, the laws do differ from State to State. My understanding is that if the lien is not used to purchase the property, the Bank can come after y ... more
0 votes Share Flag Tue Jan 17, 2012 Foreclosure in 85248
Dan McNulty, Real Estate Pro in Gilbert, AZ
Dan McNulty answered:
Relocated and still have a house we can not afford in Chandler AZ.
Daniel J. Mcnul...
Agent
Gilbert, AZ
..BEST ANSWER
Have you made contact with a lawyer or accountant on this matter yet? I've got contacts who will not charge you to talk abou ... more
0 votes Share Flag Mon Feb 22, 2010 Foreclosure in 85248
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