Foreclosure in 32708>Question Details

Karly Owens, Home Owner in 87701

when bac refinanced my loan in 2009 they violated at least three n.m. laws. can they denied a deficency judgement?

Asked by Karly Owens, 87701 Tue Dec 27, 2011

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2
Alma Kee’s answer
Hi Karly,

Did Bank of America already foreclose their lien?

If not, you may be better off doing a Pre-foreclosure Short Sale. As far as New Mexico State Laws, I don't think they would apply in Florida.

Find an attorney asap if they've already foreclosed because in Florida we are a deficiency judgement state and they can come after you for many many years for 100% of their loss.

All the best,
Alma
http://www.SoldOnTampa.com
0 votes Thank Flag Link Wed Dec 28, 2011
Hi Karly,

Sorry to hear what happened. This is truly a legal question, so you really need to run this by an attorney.

All the best,
Ros

Roswell Moore, CMPS
Certified Mortgage Planner
480-422-5095 direct
http://www.ezAZloan.com

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0 votes Thank Flag Link Tue Dec 27, 2011
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